"What moved markets — and why it matters for your next polymer buy." — Credco
The Indian rupee has weakened against the US dollar over the past week, with the exchange rate rising to around ₹95.99 per US dollar as of September 18. Last Friday, September 11, USD/INR was around ₹95.55. The move to ₹95.99 represents an increase of approximately ₹0.44 per d…
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Dalian Commodity Exchange futures recorded another broad-based decline on Friday, September 18, with LLDPE, PP, PVC and MEG all settling lower. PP posted the largest percentage decline among the four contracts, while trading volumes remained substantial. January LLDPE Settleme…
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Oil prices continued to decline on Friday, September 18, marking a third consecutive session of losses. Expectations that Saudi Arabia could partially restore its export capacity reduced immediate supply concerns, outweighing fresh geopolitical tensions in the Middle East. At …
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Asian propylene markets continued their upward movement for a sixth straight week, with spot prices moving above the $1,200/ton mark in both China and Southeast Asia. Tight spot availability, active trading interest and higher crude and propane costs encouraged traders to secu…
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European polyolefin markets have turned firmer this week after a largely stable first half of September, when PP prices mostly rolled over while LDPE showed some strength. Supply disruptions, delayed shipments, plant turnarounds and limited order availability have tightened LD…
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European PET markets have struggled to establish a clear direction in September, with higher energy and upstream costs supporting sellers while weaker demand and sufficient buyer inventories limit the scope for significant increases. September business has largely been conclud…
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Dalian Commodity Exchange futures moved lower across all four key polymer and feedstock contracts on Thursday, September 17, with PP and LLDPE recording the largest declines. Trading activity remained substantial across the contracts. January LLDPE Settlement: CNY8,507/ton ($1…
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Turkey’s PVC market has strengthened in the second half of September as another sharp increase in energy and feedstock costs encourages sellers to target higher prices for October. The latest geopolitical developments, including a reported attack on a major Saudi pipeline, pus…
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A major Indonesian producer has issued fresh domestic PP and PE price lists, with PP offers moving higher while PE prices remain unchanged. The announcement follows an across-the-board rollover at the start of the week. The producer increased all PP offers by IDR540,000/ton ($…
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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