European PP Prices Decline Amid Weak Demand
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FPolymer_5_41ac01de92.png&w=1920&q=100)
PP prices have dropped in Europe, with spot prices for polypropylene continuing to decline due to a generally negative market outlook. Demand has decreased because many consumers already have plenty of stock, so they don't need to buy more.
Polymer Price
- PP Raffia (±0) Rs.92.50/kg levels Ex Godown
- PP Film (±0) Rs.100/kg levels Ex Godown
- PPCP (±0) Rs.98.25/kg levels Ex Godown
- PP Lamination (±0) Rs.104/kg levels Ex Godown
- LLDPE (±0) Rs.86.5/kg Ex Mundra/Bhiwandi
- LDPE prices are around (±0) Rs.116/kg Ex Mundra/Bhiwandi
- HDPE PE100 natural (±0) Rs.91.5/kg Ex Mundra/Bhiwandi
- HDPE PE100 black (±0) Rs.92/kg Ex Mundra/Bhiwandi
- HDPE HM (±0) Rs.91/kg Ex Mundra/Bhiwandi
- HD Blow Molding (±0) Rs.91/kg Ex Mundra/Bhiwandi
- Low K (P700/TH700/B57) Rs.85.50 Ex Nhava Sheva/Mundra
- LG LS100H Rs.75.75 Ex Mundra/Bhiwandi
Polymer Demand and Supply
- PP prices have dropped in Europe, with spot prices for polypropylene continuing to decline due to a generally negative market outlook.
- Demand has decreased because many consumers already have plenty of stock, so they don't need to buy more.
- After making early purchases in August and with some refineries and crackers undergoing maintenance, many believe prices have reached their lowest point.
Polymer News
- Polyvinyl chloride (PVC) export prices rise in the United States.
- Polypropylene (PP) prices are trending downward in Europe.
- INEOS Oxide plans to shut down its oxo-alcohols plant for a turnaround.
Expert Opinion
Overall demand fundamentals have been weak, and market sentiment did not rally in September as expected. Spot activity has been largely sluggish, with consumers choosing to make need-based purchases.
Daily Market Report
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FPolymer_2_a7d6721e5b.png&w=3840&q=75)
India PVC Markets Prepares for Price Hikes Amid Weak Buyer Activity
Low K (P700) prices are at Rs.83.75/kg and Low K (B57) at Rs.87.75/kg, both Ex Nhava Sheva/Mundra, while LG LS100H is priced at Rs.76.75/kg Ex Mundra/Bhiwandi. PVC prices saw an increase in October due to improved market sentiment in both Asia and the US, signaling a potential rise in demand.
Read Story
%2Fhttps%253A%252F%252Fofbadmin.s3.ap-southeast-1.amazonaws.com%252Fnexizo%252Fproduction%252Fstrapi%252FPolymer_6_d2c14e4ff6.png&w=3840&q=75)
Asian Polyethylene Markets Face Supply Disruptions Amid Rising Freight Costs
LLDPE (±0) Rs 87.5/kg Ex Mundra/Bhiwandi, LDPE prices are around (±0) Rs 116/kg Ex Mundra/Bhiwandi, HDPE PE100 natural (±0) Rs 90/kg Ex Mundra/Bhiwandi, HDPE PE100 black (±0) Rs 91/kg Ex Mundra/Bhiwandi, HDPE HM (±0) Rs 90/kg Ex Mundra/Bhiwandi, HD Blow Molding (±0) Rs 91/kg Ex Mundra/Bhiwandi. Low-density polyethylene (LDPE) prices rose in Southeast Asia and South Asia while remaining flat in China.
Read Story
%2Fhttps%253A%252F%252Fd86af0gufpxog.cloudfront.net%252Funsafe%252Fadaptive-fit-in%252F105x89%252Ffilters%253Aformat(webp)%252Fhttps%25253A%25252F%25252Fofbadmin.s3.ap-southeast-1.amazonaws.com%25252Fnexizo%25252Fproduction%25252Fstrapi%25252FPPHP_Films_Ready_Material_10d55911b7.png&w=3840&q=75)
%2Fhttps%253A%252F%252Fd86af0gufpxog.cloudfront.net%252Funsafe%252Fadaptive-fit-in%252F105x89%252Ffilters%253Aformat(webp)%252Fhttps%25253A%25252F%25252Fofbadmin.s3.ap-southeast-1.amazonaws.com%25252Fnexizo%25252Fproduction%25252Fstrapi%25252FABS_Natural_Ready_Material_e55364c3f5.png&w=3840&q=75)
%2Fhttps%253A%252F%252Fd86af0gufpxog.cloudfront.net%252Funsafe%252Fadaptive-fit-in%252F105x89%252Ffilters%253Aformat(webp)%252Fhttps%25253A%25252F%25252Fofbadmin.s3.ap-southeast-1.amazonaws.com%25252Fnexizo%25252Fproduction%25252Fstrapi%25252FCPVC_024ab9034c.png&w=3840&q=75)
%2Fhttps%253A%252F%252Fd86af0gufpxog.cloudfront.net%252Funsafe%252Fadaptive-fit-in%252F105x89%252Ffilters%253Aformat(webp)%252Fhttps%25253A%25252F%25252Fofbadmin.s3.ap-southeast-1.amazonaws.com%25252Fnexizo%25252Fproduction%25252Fstrapi%25252FHDPEPE_100_Ready_Material_e3a92491ae.png&w=3840&q=75)
%2Fhttps%253A%252F%252Fd86af0gufpxog.cloudfront.net%252Funsafe%252Fadaptive-fit-in%252F105x89%252Ffilters%253Aformat(webp)%252Fhttps%25253A%25252F%25252Fofbadmin.s3.ap-southeast-1.amazonaws.com%25252Fnexizo%25252Fproduction%25252Fstrapi%25252FLLDPE_Films_Ready_Material_882bbff6cf.png&w=3840&q=75)
%2Fhttps%253A%252F%252Fnexizo.ai%252Fassets%252Fbg-png-msite.png&w=3840&q=30)