PVC depreciates on daily basis in India

PVC demand in China is currently experiencing its traditional off-season, with the construction sector showing weakness. Despite these conditions, PVC prices have remained stable and unchanged. Export activity has slowed due to weaker demand in South Asia, particularly during the ...
https://chemcourier.com/?!.iD=fyVH&/PVC%20depreciates%20on%20daily%20basis%20in%20India

Most suppliers refrain from offering PE for export due to hurricane in USA

• Domestic PE market has traditionally slowed down in July compared to June;

• Market players believe that domestic demand will improve in August in preparation to autumn and festivities;

• Domestic supply has been more than sufficient;

• Hurricane Beryl hit Texas on Monday;

• A lot of petrochemical plants are located there;

• Some producers, namely, Formosa, LyondellBasell and ...
https://chemcourier.com/?!.iD=fx0H&/Most%20suppliers%20refrain%20from%20offering%20PE%20for%20export%20due%20to%20hurricane%20in%20USA

PVC producers announce long-awaited appreciation in Europe
https://chemcourier.com/?!.iD=fviV&/PVC%20producers%20announce%20long-awaited%20appreciation%20in%20Europe

Chinese PE prices display multidirectional trends

• Chinese PE market players have resumed activity after the Labour Day holidays from May 1—5;

• Restocking efforts have become noticable with prices moving multidirectionally;

• Injection- and blow-moulding HDPE has appreciated by $5/t to $910—950/t CFR China and $910—960/t CFR China;

• In contrast, film grade HDPE prices faced downward pressure due to cheaper import offers from Qatar (QAPCO). Film HDPE has depreciated by $5/t to $940—1,000/t CFR China;

• Traders were actively seeking Qatari HDPE film cargoes at ...
https://chemcourier.com/?!.iD=e722&/Chinese%20PE%20prices%20display%20multidirectional%20trends

Dear market player!

Chem-Courier’s FREE webinar ‘Global PE and PP markets: how they will transform in the near future?’ is just around the corner! Don’t miss the opportunity to hear our exclusive insights and learn how the markets will change in the near future.

Secure your spot and sign up for the event on Zoom on 16 April at 11.00 CET.by clicking on the link below!

https://chemcourier.com/?.iD=its.app.ApplicationElement&AppId=wfm.portal&unid=7C4B799F5F0CBBF8C22586DB008085BF&branch_id=free_trial

Our experts will share their unique perspectives on the following markets:

Europe (Anastasia Matushkina):

- What are the reasons for the low demand in the region?

- Will European PE and PP prices experience a dramatic fall in May?

- What’s going on in Ukrainian polyolefins markets?

India (Anna Vyshynska):

- Surge in imports - potential for the customer or a negative influence?

- BIS certification: changes and limitations;

- New polyolefins capacities in India - what to expect in 2024?

- PE and PP prices in India and how they will change. Market prospects for H1 2024

China (Elizaveta Harkusha):

- What opportunities and challenges lie ahead?

- How heightened competition, raw material prices fluctuations and trade tensions pose additional challenges to supply chain management?

USA (Zachary Klimenko):

- What caused limited supply of exported PE this year?

- How was the overseas demand for the USA-origin PE in Q1 2024?

- How export PE prices will change in the short run?

Middle East (Zachary Klimenko):

- How have PE and PP markets changed since the start of Red Sea tensions?

- Export challenges: rising freight rates, longer delivery times, lower export demand;

- Polypropylene shortage in the Middle Eastern market: a temporary problem?

Turkiye (Elizaveta Harkusha):

- How Red Sea crisis transformed Turkish PE and PP markets?

- How import flows changed in Q1 2024?

The registration is mandatory to participate. Duration of our event is 60—80 minutes. You will receive the link and password for webinar to your email address on 15—16 April. You welcome to invite your colleagues and acquaintances. Sign up by clicking the link below. See you there!

https://chemcourier.com/?.iD=its.app.ApplicationElement&AppId=wfm.portal&unid=7C4B799F5F0CBBF8C22586DB008085BF&branch_id=free_trial

Dear market player!

Join Chem-Courier’s FREE webinar on global PE and PP markets on 16 April at 11.00 Central European Time (Berlin) on Zoom platform!

Sign up to learn how major polyolefins markets changed in Q1 2024 and listen to our forecasts by clicking on the link below!

https://chemcourier.com/?.iD=its.app.ApplicationElement&AppId=wfm.portal&unid=7C4B799F5F0CBBF8C22586DB008085BF&branch_id=free_trial

Our speakers will discuss the following topics:

Europe (Anastasia Matushkina):

- What are the reasons for the low demand in the region?

- Will European PE and PP prices experience a dramatic fall in May?

- What’s going on in Ukrainian polyolefins markets?

India (Anna Vyshynska):

- Surge in imports - potential for the customer or a negative influence?

- BIS certification: changes and limitations;

- New polyolefins capacities in India - what to expect in 2024?

- PE and PP prices in India and how they will change. Market prospects for H1 2024

China (Elizaveta Harkusha):

- What opportunities and challenges lie ahead?

- How heightened competition, raw material prices fluctuations and trade tensions pose additional challenges to supply chain management?

USA (Zachary Klimenko):

- What caused limited supply of exported PE this year?

- How was the overseas demand for the USA-origin PE in Q1 2024?

- How export PE prices will change in the short run?

Middle East (Zachary Klimenko):

- How have PE and PP markets changed since the start of Red Sea tensions?

- Export challenges: rising freight rates, longer delivery times, lower export demand;

- Polypropylene shortage in the Middle Eastern market: a temporary problem?

Turkiye (Elizaveta Harkusha):

- How Red Sea crisis transformed Turkish PE and PP markets?

- How import flows changed in Q1 2024?

The registration is mandatory to participate. Duration of our event is 60—80 minutes. You will receive the link and password for webinar to your email address on the day of the event. You welcome to invite your colleagues and acquaintances. Sign up by clicking the link below. See you there!

https://chemcourier.com/?.iD=its.app.ApplicationElement&AppId=wfm.portal&unid=7C4B799F5F0CBBF8C22586DB008085BF&branch_id=free_trial

Outbound PE gets more expensive on tight supply in USA
https://chemcourier.com/?!.iD=eKFk&/Outbound%20PE%20gets%20more%20expensive%20on%20tight%20supply%20in%20USA%20

PVC demand languishes in Turkiye
https://chemcourier.com/?!.iD=eIIt&/PVC%20demand%20languishes%20in%20Turkiye

PP import window to China closed

The Chinese PP market has seen an increase in operating rates to around 90% this ...
https://chemcourier.com/?!.iD=eH7l&/PP%20import%20window%20to%20China%20closed

India imposes quality regulations on PP and PVC imports

The Ministry of Chemicals and Fertilizers has issued a notification mandating quality certificates for imported PP and PVC.

The announcement published on 26 February stated that PP for moulding and extrusion and PVC homopolymers imported into India must have a quality certificate from the country of origin. This requirement will come into force within 180 days from the notification date.

The move is aimed at ensuring the quality of foreign PP and PVC entering the Indian market; however, industry sources believe it will affect imports of these polymers from all over the world. The quality certificate will have to be renewed ...
https://chemcourier.com/?!.iD=eHEr&/India%20imposes%20quality%20regulations%20on%20PP%20and%20PVC%20imports