"What moved markets — and why it matters for your next polymer buy." — Credco
Global monomer markets are moving steadily lower as the geopolitical premium that fueled the sharp rally earlier this year continues to fade. Improved expectations surrounding regional stability, easing energy prices, and weaker downstream demand have accelerated the correctio…
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Global container freight markets strengthened significantly last week as strong shipping demand, peak-season cargo movements, and tariff-related frontloading continued to support rates on major trade routes. Freight costs from China to key destinations in North America and Eur…
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The European Parliament has approved the new EU-US tariff agreement, bringing the deal one step closer to implementation. However, the agreement is not yet in force, as it still requires final approval from the Council of the European Union before becoming official. Once the C…
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Crude oil prices moved lower at the start of the week after fresh diplomatic progress between the United States and Iran improved market confidence and reduced concerns over supply disruptions in the Middle East. Following high-level discussions in Switzerland, both sides agre…
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Dalian commodity futures mostly moved lower on June 22, reflecting continued weakness across key petrochemical contracts. LLDPE, PP, and PVC futures all closed in negative territory, while MEG managed to post a modest gain. September LLDPE futures ended the session at CNY 7,18…
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Asian PET bottle markets remained under pressure this week, extending a correction that has been underway for several weeks. Prices across China, Southeast Asia, and other key regional markets moved lower as falling feedstock costs and weak buying interest weighed on sentiment…
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South Asia is witnessing a decline in import offers for polypropylene (PP) and polyvinyl chloride (PVC), according to the latest updates. Domestic producers are taking measures to stabilize the market by implementing price protection. For polypropylene, there has been no chang…
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In a bid to stabilize the market amid a soft demand environment, major Indian producers like Reliance Industries Limited (RIL) and Hindustan Mittal Energy Limited (HMEL) have announced price protection measures for high-density polyethylene (HDPE) and linear low-density polyet…
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The Indian Rupee strengthened significantly against the US Dollar over the past month, with the USD/INR pair declining by more than 2%. According to the latest market data, the exchange rate fell to ₹94.33 per US Dollar on June 20, compared with levels above ₹96 seen during pa…
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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