News

High inventories weigh on sentiment in the US PP market

High inventory levels continue to weigh on sentiment in the US polypropylene (PP) market, with participants currently anticipating that contracts might settle lower for a fourth consecutive month.

Turkey PP prices rise as sentiment improves and supply tightens

Turkish polypropylene (PP) prices are stable to firm this week, with market sentiment beginning to turn positive.

Sasol's US Lake Charles cracker completion pushed back five months as

Sasol has pushed back the estimated start-up date for its new cracker in Lake Charles, Louisiana to July, a five-month delay from its most recent estimate, as projected costs of the petrochemicals com

Clean-up and collection key to plastic waste alliance

The Alliance to End Plastic Waste (AEPW), armed with an initial funding commitment of $1bn, has the potential to be a game changer for the polymers industry.

US January PS prices settle at decrease on lower feedstocks

Following a decrease of 7 cents/lb ($154/tonne) in December, US PS (polystyrene) prices have settled lower again – dropping by 2 cents/lb – in January amid lower upstream prices in December.

US ethylene spot prices lower on upstream

US ethylene spot prices narrowed with a slightly lower midpoint than the prior week amid a decline in upstream ethane costs, and as sentiment was hampered by anticipated production from new capacity.