Polyolefin players across Asia and Europe have converged on the idea that PE has outperformed PP both in terms of demand and prices. PE hikes

Many Asian PP and PE producers have either cut or considered lowering their operating rates recently as multi-year high spot naphtha and olefins prices have wrecked margins.

Lingering supply chain issues, bullish upstream markets and a drying up of import offers have kept prices of polyolefins in India on an upward course.

The rally in crude oil prices has gained momentum this week to close in on $100 per barrel upon the mounting tension between Russia and

In China, polyolefin markets had a strong start to the post-Lunar New Year holiday period. This was no surprise considering the sustained support from the cost side

PP and PE prices have been steadily rising since early January in India. A stronger buying momentum resulting from a persistent rise in upstream markets

With less than a week to go until the start of the Chinese New Year, some PVC players are voicing their expectations regarding an improvement

With less than a month to go until the start of the Chinese New Year and the opening of the 2022 Winter Olympics in Beijing,

China’s PVC exports almost tripled to hit above 1.6 million tons in January-November 2021 and hit an all-time high. Having beefed up its sales notably