Tag Archives | PE

China’s PE market in 2019 at risk of lower growth

 

By John Richardson

THIS MIGHT turn out to be another good year for Chinese PE demand growth as the preliminary estimate from our China team is that 2018 consumption growth will be 7% compared with last year.

This compares …

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China PP growth at risk from lower auto sales, trade war

By John Richardson

WE EXPECT China’s PP demand to rise by 6.5% in 2018 to total consumption of 27.8m tonnes. We then expect a further increase of 6% to 29.3m tonnes next year.

It is too early to say for …

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PE margins turn negative as economic risks build

By John Richardson

CASH margins for Asian linear-low density polyethylene (LLDPE) for naphtha-based producers have turned negative for the first time since Q1 2015, according to an industry contact.

And this is of course before the flood of new US …

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India polymer exports to Pakistan set to rise

By Malini Hariharan

After years of waiting truck movement of petrochemicals from India to Pakistan has started paving the way for Indian companies to boost their exports.

Indian Oil Corp (IOC), which regularly exports polyethylene (PE) and polypropylene (PP) by …

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Weak margins hit earnings

By Malini Hariharan

It is the results season and numbers posted so far confirm that the last quarter has been rough with depressed demand, weak product prices and firm feedstock costs affecting earnings.

Siam Cement Group’s EBITDA for the chemicals …

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India PO demand set to decline

By Malini Hariharan

The last two weeks has seen a recovery in Indian polyolefins demand led by developments in China.

Prices of PE and PP have risen sharply and traders expect the uptrend to continue for the next couple of …

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India Polymers Shine But Questions Persist

By Malini Hariharan

Optimism has returned to the Indian polymer market fuelled by a sharp recovery in prices and buying sentiment over the last few weeks across Asia.

The talk these days is mainly about tightness in availability of polyethylene …

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India polymers slide once again

By Malini Hariharan

The messenger’s prediction has turned out to be correct. Indian polymer producers have been forced to reduce domestic prices to match levels seen in the wider Asian market.

The week started with a downward revision to polypropylene …

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Tough times start for India polyolefins

By Malini Hariharan

Tension is building up in the Indian polyolefin market with buying activity slowing down in recent weeks.

“The market is really dull; trading activity is very flat and end-users are taking minimum quantities. We are worried that …

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Japan Disaster – Plants update

By Malini Hariharan

More companies are reporting damages to facilities after last week’s earthquake and tsunami.

Mitsubishi Chemical said in a statement that berths, roads and infrastructure around the plant area at its Kashima site have been damaged and delivery …

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