Formosa Announces Fresh Increase of 220$/MT in PE for May
Formosa Plastics Corporation has confirmed that its previously announced polyethylene (PE) price increases for March and April in the U.S. have been fully implemented. In addition, the company has introduced a new price hike of $220/MT for May, applicable across all its Formolene® PE grades, effective May 1, 2026.
The producer also indicated changes to its pricing structure where contract terms allow. Mechanisms that were previously based on prior-month formulas—such as lag pricing and price protection—will now be adjusted to reflect current-month pricing more immediately.
The company noted that order fulfillment will continue to depend on supply conditions and regular plant operations, suggesting that availability could remain a key factor in the market.
Stay ahead of market trends with the Credco app. For any queries, please reach out via WhatsApp at +91 8448083211.
Related on the Wire
- Polymer·Monday, 2 November 2026
Saudi Polymer Producer Announces Further Price Increases for November
A leading Saudi Arabian polymer producer has raised its domestic PP and PE prices for November, marking the second consecutive month of upward adjustments across its product range. However, the latest increases were notably more moderate than those announced in October for mos…
Read story - Polymer·Wednesday, 4 November 2026
Turkey PP and PE Markets Target Further Gains as Prices Reach Four-Month Highs
Turkey’s polypropylene (PP) and polyethylene (PE) markets began November under renewed upward pressure, with initial supplier announcements and higher selling indications suggesting that October’s rally could continue. Despite Brent crude futures falling by more than 7% on Mon…
Read story - Polymer·Wednesday, 4 November 2026
Indian Producers Implement Aggressive Polymer Price Hikes
Indian polymer producers have initiated significant price hikes for key materials such as PVC, PP, and PE as of November 1st. This move comes amidst rising input costs and converter resistance, particularly ahead of the Diwali festival. The increase is led by a larger-than-exp…
Read story - Polymer·Monday, 2 November 2026
Turkey’s Polymer Imports Rise Monthly in September but Remain Lower Yearly
Turkey’s total polymer imports increased by 3% month over month in September, although they were 3% below the level recorded in the same month last year, according to ChemOrbis Stats Wizard data. In value terms, imports fell by 6% from August to $608 million. Saudi Arabia was …
Read story