This week, the European PVC market witnessed a notable divergence as spot prices tumbled while contract values held steady across the region. The downturn in spot pricing has raised concerns among market participants, particularly as the seasonal uptick in demand from the construction sector has so far failed to translate into meaningful price support. An […]
PVC prices declined across Asia this week, weighed down by muted downstream demand, plentiful regional supply, and aggressive export offers from China. An industry source in Asia, speaking to a team member on condition of anonymity, said that OPEC+ has signaled a planned production hike in November, while the restart of crude exports from Iraq’s […]
HDPE prices slipped across parts of Asia this week while holding steady elsewhere. Crude oil kept climbing on the back of Russia-Ukraine tensions and the threat of new U.S. sanctions that could rattle supply chains. China’s polyethylene imports stayed firm but faced stiff competition from cheaper U.S. cargoes, even as Middle Eastern suppliers nudged prices […]
European polyethylene markets drifted lower or held flat this week, weighed down by ample imports, thin downstream demand and a lack of conviction ahead of the year’s final quarter. Sellers across grades are intent on clearing inventory before December, but buyers continue to purchase only what they need, leaving sentiment muted. High-density polyethylene (HDPE) film […]
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