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Price Data
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Contract prices (Western Europe)
Feedstocks / Aromatics
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Standard Thermoplastics / Recyclate
Engineering Thermoplastics
Engineering Thermoplastics / Recyclate
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In the Spotlight
UN PLASTICS TREATY
No consensus after Busan talks / Petchem industry accused of ‘unsupportive' behavior / Rising endorsement of production caps / Further session planned
— By Heather Arnest Liesch — After a week of talks at the United Nations INC-5 in Busan, South Korea, from 25 November to 1 December, the delegates from over 170 countries were unable to reach an agreement in what had been intended as the final session. Instead, another meet is planned for 2025. While there was some progress, Inger Andersen, executive director of UNEP, said, “It is clear there is... (04.12.2024)
PETROCHEMICAL MARKETS
Olefins: Technical issues at LYB cracker in Berre, France / Impact on polymers unclear
— By PIE staff — Following the force majeure at Slovnaft in Slovakia, PIE received notice of an outage at LyondellBasell’s cracker in Berre, France. French media on 2 December said the company had reported a technical issue at the plant, which has resulted in increased flare activity since 29 November. LYB... (03.12.2024)
UPDATE - PETROCHEMICAL MARKETS
Polyolefins: Slovnaft cracker faces technical issues / Force majeure declared for PE, PP downstream lines
— By PIE staff — The restart of the cracker in Bratislava after maintenance work is reportedly presenting Slovakian petrochemicals group Slovnaft with challenges. The company has been sparing with details, publicly disclosing merely a “significant increase in flare activity”. However, there is talk in the... (03.12.2024)
GLOBAL TRADE
Trade war risks increase as Trump returns as US president / Growth to slow on increased US import tariffs – Allianz Trade report
— By PIE correspondent — Following the re-election of Donald Trump as US president, US-China relations will remain tense and continue to fragment global trade, warns trade credit insurer Allianz Trade. A renewed but contained trade war could reduce global trade growth by 0.6 percentage points to below 5%... (03.12.2024)
UK
Government stresses support for deposit return scheme / Announcement follows Welsh move to shelve DRS plan
— By PIE correspondent — The UK’s Labour government stated its full commitment to supporting efforts by England, Scotland, and Northern Ireland to implement a deposit return scheme in each country by October 2027. This announcement follows the Welsh administration’s decision in November to delay its plan... (03.12.2024)
PETROCHEMICAL MARKETS
Polyamide 6: Domo Chemicals declares force majeure at HQ site
— By PIE staff — On 29 November, Domo Chemicals declared force majeure on the entire polyamide value chain at its headquarters site in Leuna. A company spokesperson confirmed the outage in response to a PIE query. However, citing company policy, the spokesperson declined to provide further details on the... (02.12.2024)
SPAIN
DRS for plastic bottles to be introduced by 2026 / Alternative system well short of target / Environmentalists praise long-awaited step
— By Vladislav Vorotnikov — Spain’s Ministry for the Ecological Transition has revealed a plan to introduce a deposit return system for plastic bottles within two years, acknowledging that the alternative system failed to gain the necessary results. Spain’s waste packaging law mandated the introduction of... (02.12.2024)
Plastic Fantastic
Soup of the day: noodles in a helmet
— By Andru Shively — Foodies among us know that when it comes to Japanese cuisine, nothing beats a hot bowl of udon noodles. We also know, each time we slurp down the last drops of broth, ... (29.11.2024)
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Spot Price Monitor
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Latest News
INEOS
UK plastics group to sell composites unit to KPS for EUR 1.7 bn
13:19
POLYMER PRICES
Engineering thermoplastics November: Prices fall further / Stock levels rise on weak demand, increasing imports
13:01
POLYMER PRICES
Composites / GRP November: Converters insist on further price reductions for resins / Scarcely any movement for glass fibres
11:20
RECYCLING SPAIN
Consortium launches Bottle4Flex project to advance 100% rPET packaging
06:00
TRINSEO
Surcharges for PS, ABS announced despite lower monomer costs
03.12.2024
POLYMER PRICES
Polypropylene November: Polymer prices fall despite increase in monomer / Supply still greater than demand / Inventory reduction towards end of the year
03.12.2024
POLYMER PRICES
Polyethylene November: Polymer prices fall despite increase in cost of monomer / Demand under additional pressure through stock reductions for balance-sheet reasons
03.12.2024
POLYMER PRICES
Styrenics November: Prices remain at previous month's level / Demand still poor / Little price movement expected in December
03.12.2024
POLYMER PRICES
Feedstocks November/December
03.12.2024
Social networks
Price Reports and Announcements
POLYMER PRICES
Engineering thermoplastics November: Prices fall further / Stock levels rise on weak demand, increasing imports
13:01
POLYMER PRICES
Composites / GRP November: Converters insist on further price reductions for resins / Scarcely any movement for glass fibres
11:20
TRINSEO
Surcharges for PS, ABS announced despite lower monomer costs
03.12.2024
POLYMER PRICES
Polypropylene November: Polymer prices fall despite increase in monomer / Supply still greater than demand / Inventory reduction towards end of the year
03.12.2024
POLYMER PRICES
Polyethylene November: Polymer prices fall despite increase in cost of monomer / Demand under additional pressure through stock reductions for balance-sheet reasons
03.12.2024
POLYMER PRICES
Styrenics November: Prices remain at previous month's level / Demand still poor / Little price movement expected in December
03.12.2024
POLYMER PRICES
Feedstocks November/December
03.12.2024
POLYMER PRICES
Styrene December: Contract moves slightly lower
02.12.2024
POLYMER PRICES
PET November: Uneven decline in prices / Lowest point reached / Stronger US dollar alleviates import pressure / Impact of consolidations felt / Demand still weak / Quiet end of year likely
02.12.2024
POLYMER PRICES
PVC November: Producers' stubbornness a source of friction / Prices range from rollover to slight increase / Material in abundance, scarcely any demand
02.12.2024
Readers' Choice
EUROPEAN PLASTICS INDUSTRY
Cheap polymer imports threaten circular economy ambitions / Share of global plastics production continues to slide – Plastics Europe report
25.11.2024
PACKAGING EUROPE
PPWR corrigendum officially approved by MEPs / Regulation expected to enter into force at start of 2025
28.11.2024
LOGISTICS
Russia reportedly sends barrels of oil to North Korean ports / Imbalance in world trade reveals Europe's export plight
29.11.2024
EUROPEAN ECONOMY
Manufacturing indicators turn south / German processors again report improvements
26.11.2024
EUROPEAN CAR MARKET
EU registrations rebound in October / Tariffs slowing Chinese imports / BEV demand to decline / Ford job cuts to focus on Germany
22.11.2024
PFAS / FLUOROPOLYMERS
Is the EU serious about the PFAS ban? / Interview with pro-K expert Michael Schlipf
27.11.2024
PETROCHEMICAL MARKETS
Polyamide 6: Domo Chemicals declares force majeure at HQ site
02.12.2024
LOGISTICS
Loose supply chains in Germany – BME study / European Commission supports Italy's Brenner corridor lawsuit against Austria
22.11.2024
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Date of print: 04/12/2024
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