Turkey’s import PP raffia and fibre markets see widest gap in 6 months

petrotahlil-PP prices in Turkey have mostly tracked a stable path for almost a month with mediocre demand and the ongoing economic uncertainties on one hand, and the lack of some major suppliers on the other.

PE expectations offer a mixed bag for November in Europe

In Europe, players are questioning the PE outlook for November amidst opposing factors. On one side, two PE producers voiced their intention to seek sharp hikes. On the other, there are lower upstream costs, weak supply-demand dynamics and new PE capacities from the US.

PP market reaches 4-month high in Indonesia

In Indonesia, local homo-PP prices have been remaining on the firm side since the second half of September mainly due to supply tightness while initial import homo-PP offers for November have started to emerge with increases on a monthly basis.

Ethylene prices hit fresh lows in Asia, Europe; US holds steady

Spot ethylene prices in Asia and Europe have been sustaining their downturn since the second half of August amid ample supply and thin buying interest. On the other hand, the US markets have seen prices mostly stable due to limited activity.

ABS prices see more-than-a-year low in Asia, Europe

The major ABS markets have been tracking a mostly decreasing trend for the past couple of months. The recent slump in key markets in Asia and Europe followed notable declines in upstream costs