"What moved markets — and why it matters for your next polymer buy." — Credco
India's proposed five-year anti-dumping duty (ADD) on LLDPE imports from Saudi Arabia, the UAE, and Malaysia could significantly alter the country's import landscape if implemented. While the measure is aimed at supporting domestic producers, market participants believe it may…
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A major Saudi Arabian producer has announced another round of price reductions for July PE shipments to Vietnam, following substantial cuts made in its initial offer announcement in late June. The latest revision reflects continued weakness in the Vietnamese polyethylene marke…
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Swedish packaging manufacturer Scanfill has introduced a new polypropylene (PP) film containing 30% post-consumer recycled (PCR) content for food packaging applications. The product, called Scanfoil rPP POP (Prevented Ocean Plastic™), is designed to offer performance similar t…
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Dalian futures showed a mixed performance on July 7, with PP, LLDPE, and MEG contracts ending the session higher, while PVC futures moved lower. September LLDPE futures gained CNY81/ton to settle at CNY6,966/ton, equivalent to around $907/ton excluding VAT. Trading activity re…
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Turkey’s import polypropylene (PP) and polyethylene (PE) markets continue to face intense downward pressure, with prices falling steadily but no clear market floor yet in sight. After continuous declines throughout June, buyers and sellers remain far apart in their price expec…
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Nigeria’s polypropylene (PP) and polyethylene (PE) markets remained under heavy pressure in July as both local and import prices recorded substantial reductions. The local producer, ELEME, announced two separate price cuts during the month, extending the correction that began …
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Global container freight rates continued to rise during the week, supported by strong cargo demand, peak-season shipments, vessel space constraints, and worsening port congestion across key trade hubs. Freight markets remained firm on most major routes, with Asia-origin trades…
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The recently implemented EU-US tariff agreement is expected to have implications far beyond polymer trade, creating new competitive dynamics across Europe's plastics value chain. While much of the market focus has been on duty-free access for US polymers, the agreement also co…
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Middle Eastern polyethylene suppliers are gradually re-entering Southeast Asia’s import market after months of disruption caused by the Iran-US conflict. However, they are returning to a much more competitive environment, as suppliers from the US, China, South Korea, and other…
Read dispatchEvery rupee shift in PP, PE, PVC or PET ripples through India's packaging, agri-pipe, automotive and FMCG value chains. The Credco Wire tracks the supply shocks, force majeures, crude swings and policy moves that set those rupees in motion — so traders, processors and procurement teams see the why behind every tick on the Credco exchange.
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