"What moved markets — and why it matters for your next polymer buy." — Credco
China’s polypropylene (PP) market continues to retain most of the gains recorded during the Middle East supply disruption period, performing better than PE and PVC markets that have already seen sharper corrections. However, recent developments indicate that the market may be …
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Dalian futures showed a mixed performance on June 8, with PP, LLDPE, and MEG contracts closing higher, while PVC futures ended the session lower. LLDPE (September Contract) LLDPE futures gained CNY67/ton from the previous session, settling at CNY7,975/ton ($1,041/ton excluding…
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The European polypropylene (PP) market entered June with limited activity, as buyers largely stayed away from fresh purchases despite the latest round of price reductions. Many market participants believe the current decreases are not enough and expect further corrections in t…
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Nayara Energy Limited has announced an increase in the prices of polypropylene (PP) in the domestic markets of India. This move aligns with a broader trend of price hikes by Indian producers in response to market conditions. The price adjustment sees an increase of Rs. 3/kg fo…
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Indian Oil Corporation Limited (IOCL), a major player in the Indian polymer market, has announced a revision in the prices of Polypropylene (PP) while keeping Polyethylene (PE) prices unchanged. This move reflects selective price adjustments in the domestic market. According t…
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Europe's polypropylene (PP) market started June on a cautious note, with buyers largely staying out of the market despite fresh price reductions from suppliers. Many converters believe current cuts are not enough and expect larger corrections later in the month, keeping purcha…
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China's polyethylene (PE) market continued to weaken in early June, with both domestic and imported prices moving further away from the multi-year highs recorded earlier this year. While polypropylene (PP) has found some support from tighter supply conditions, PE continues to …
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Turkey’s polyethylene (PE) market entered June on a weaker footing after the Eid al-Adha holidays, with demand remaining subdued and buyers continuing to delay purchases in anticipation of further price declines. Despite multiple rounds of discounts from suppliers, market acti…
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Inventory levels held by China’s two largest polyolefin producers declined noticeably during the past week, reflecting tighter product availability in the domestic market. Market sources indicated that combined polypropylene (PP) and polyethylene (PE) inventories stood at appr…
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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