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Resin Price Report: Benzene Prices Soar, Market Conditions Shift
Throughout the summer, favorable signals in the resin market have continued to emerge. In July, buyers held the upper hand in nearly all major resin categories. However, with crude oil prices surging, spot benzene prices continuing to strengthen, and
Plastmatch Global Digest -
Dow's Polyethylene Products Post Strong Profits, Performance Beats Market Expectations
Dow reported earnings on July 23, with adjusted earnings per share of $1.44, compared with a loss of $0.42 per share in the same period last year. The results were well above the analyst consensus estimate of $1.28 compiled by S&P Capital IQ. Dow
Plastmatch Global Digest -
Plastic Bottle Recycling Volume Declines, but Overall Recycling Rate in the United States Rises
Two industry organizations said when releasing the latest industry data that although the overall volume of plastic recycling in the United States has increased, recycling volumes for different types of plastics have diverged. This reflects the survi
Plastmatch Global Digest -
International oil prices drive regional divergence, asian pp market continues to rise while europe and america face pressure
I. Overall Performance of the International Market This Week This week, the international polypropylene (PP) market showed significant regional divergence. The Asian market continued its upward trend driven by costs, while the European and American m
Plastmatch -
Strait of Hormuz Blocked Again, Supply-Demand Mismatch in Polyolefin Market Set to Intensify!
In recent times, geopolitics has become the core variable driving polyethylene and polypropylene futures markets, and the two blockades of the Strait of Hormuz have pushed this influence to a new level of structural pricing. As the global hub of core
Plastmatch Insights Lab -
[recycling pe weekly facility update] agricultural film recycling line undergoes major overhaul, local equipment failures tighten spot supply
This week, the overall operating rate of domestic recycled PE was 45.2%, down 1.8 percentage points week-on-week. The off-season for agricultural film dragged down the operating rate of the recycled LDPE segment to just 40.8%. Tianjin’s 100,000-ton/y
Plastmatch -
Weakening Bottle Chip Futures, Recycled PET Demand Softly Consolidates
Today, the domestic recycled PET market was generally stable but slightly weak, with transactions mainly consisting of sporadic rigid-demand orders and limited market fluctuations. In terms of prices (ex-factory, excluding tax), East China pure whit
Plastmatch -
Virgin Material Market Weakens, Recycled PP Remains Under Pressure at Low Levels
Today, China’s domestic recycled PP market remained under weak pressure, with prices easing slightly and trading activity in the market staying subdued. In terms of prices (ex-tax, ex-works), recycled PP transparent raffia-grade pellets in East Chin
Plastmatch -
[recycled abs daily review] styrene surges significantly, cost support for recycled abs strengthens
The domestic recycled ABS market is operating in a range-bound manner, with mainstream quotes remaining stable and regional price differences consistent. The price for Laizhou door panel titanium white secondary crushed material is 8,200-8,320 yuan/t
Plastmatch -
[Recycled PVC Daily Review] Futures Edge Up Slightly, While Recycled Material Remains in a Narrow Weak Stalemate
The domestic recycled PVC market fluctuated narrowly with a slightly weaker trend, and regional quotations showed minor divergence. Mainstream prices for Hebei white uPVC standard water-washed crushed material were RMB 3,200–3,400/tonne; Jiangsu whit
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Strait of Hormuz Blocked Again, Supply-Demand Mismatch in Polyolefin Market Set to Intensify!
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Versalis Shuts Down Polyethylene Plant in Brindisi, Italy
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【Overseas News】Shipping traffic in the Strait of Hormuz has sharply declined! South Korea approves the reorganization of Liuzhi Petrochemical; Italy shuts down the PE plant
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[Overseas News] US Senate Approves Bill! SABIC Collaborates with Saudi Automobile Brand! Anti-fog Biodegradable Film Launched
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Lantiche Group To Shut Down Italian Adipic Acid Production Plant