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OfBusiness Polymer Dailies | 29th November 2023

OfBusiness Polymer Dailies | 29th November 2023

HDPE PE100 natural (+0 p) Rs.98/kg, HD Blow Moulding (+0 p) Rs.90/kg Ex Mundra/Bhiwandi. PVC (SG5) (±0 p) Rs.71.75/kg Ex Mundra/Nhava Sheva. Ethylene Based K67 (LG/Formosa) (±0 p) Rs.72.75/kg Ex Mundra/Nhava Sheva. Low K (Formosa K57) (±0 p) Rs. 77.5/kg Ex Mundra/Nhava Sheva.
Sombre Textile Outlook Likely to Overshadow PVA Prices in US and Europe

Sombre Textile Outlook Likely to Overshadow PVA Prices in US and Europe

Stable Polyvinyl Alcohol (PVA) prices influenced by unchanging Vinyl Acetate Monomer (VAM) costs. Low PVA demand from textile industry both domestically and internationally; prices linked to steady natural gas costs.
European PET Resin Market Grapples With Weak Demand and Production Shifts

European PET Resin Market Grapples With Weak Demand and Production Shifts

In November 2023, the European Polyethylene Terephthalate (PET) Resin market saw limited activity due to rollovers or minor declines, poor weather conditions in US, Europe, Turkey affecting beverage demand and consumer spending, coupled with lower feedstock costs.
U.S. and Chinese SAN Market Faces Price Decline, Stability Observe in Europe

U.S. and Chinese SAN Market Faces Price Decline, Stability Observe in Europe

November 2023 saw varied Styrene Acrylonitrile markets: Europe maintaining stable prices due to moderate industrial demand, the US experiencing a decline due to surplus inventories, and China facing setbacks amidst cautious manufacturing industries.
Global Polypropylene Prices Face Downturn Amidst Weakened Demand and Excess Supply

Global Polypropylene Prices Face Downturn Amidst Weakened Demand and Excess Supply

Amid plummeting crude oil prices and weak demand, the global Polypropylene market underwent significant devaluation in November 2023's third week, exacerbated by an oversupply of Polypropylene in the market.
Southeast Asia: Navigating Evolving Petrochemical Sector Landscape

Southeast Asia: Navigating Evolving Petrochemical Sector Landscape

Discover the dynamic changes in Southeast Asia's petrochemical sector, with a focus on high-density polyethylene. Learn short-term strategies for global market exploration and anticipate long-term challenges and opportunities amid China's evolving self-sufficiency.
OfBusiness Polymer Dailies | 28th November 2023

OfBusiness Polymer Dailies | 28th November 2023

LLDPE (+1) Rs.84/kg Ex Mundra/Bhiwandi. LDPE prices are around (+0) Rs.99/kg Ex Mundra/Bhiwandi. HDPE PE100 natural (+0) Rs.98/kg Ex Mundra/Bhiwandi. HDPE PE100 black (+0) Rs.102.50/kg Ex Mundra/Bhiwandi. HDPE HM (+0) Rs.95/kg Ex Mundra/Bhiwandi. HD Blow Moulding (+0) Rs.90/kg Ex Mundra/Bhiwandi.
Global PBT Market Adopts Cautious Approach Amid Soft Demand in November 2023

Global PBT Market Adopts Cautious Approach Amid Soft Demand in November 2023

November 2023 saw steady Polybutylene Terephthalate (PBT) prices due to slower demand in automotive and electrical industries and reduced production rates. Regional consumers reducing purchases and manufacturing activities added challenges, causing market difficulties.
Sinopec Restarts Polypropylene Production in China

Sinopec Restarts Polypropylene Production in China

Sinopec Maoming Petrochemical has restarted polypropylene production on Line 18 in China's Guangdong, following a scheduled maintenance. The line, capable of producing 170k tons annually, was temporarily closed from Sept 4 to Nov 18.
KPI Commences Production of a Novel Grade for BOPP Film

KPI Commences Production of a Novel Grade for BOPP Film

KPI launches novel polypropylene grade, PP H031 BF/7, designed for BOPP film manufacturing. Used predominantly in Europe and Kazakhstan, this variant enhances polymer film packaging strength and elasticity, with applications in food packaging, labels, and adhesive tape.