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In the Spotlight
GLOBAL TRADE
Ukraine war cuts business confidence / Insolvencies to rise over 10%
POLYMER PRICES
Standard recyclate May 2022: Higher prices for all grades / Mostly good demand driven by weak availability of virgin material
Business pessimism has risen since Russia invaded Ukraine on 24 February 2022, with more companies bracing for lower sales this year, according to a global survey by trade credit insurer... (17.05.2022)
Slight to medium price increases dominated the picture in May. For most PE recyclates, recyclers could push through their price expectations. Due to high demand, PS and – somewhat... (17.05.2022)
MOL
Q1 earnings drop on volatility and lower petrochemical margins / Plans for large-scale green hydrogen plant at Danube refinery
PLASTICS AND ENVIRONMENT
Industry's circularity and net zero efforts fall short / Deeper collaboration and faster action critical within next five years
Hungarian oil, gas, and petrochemicals group MOL has reported lower earnings for the first quarter of 2022 as its downstream operations were impacted by volatile macroeconomic and price... (16.05.2022)
The next three to five years are critical if Europe’s plastics sector is to achieve full circularity and net zero carbon emissions, according to a new report by sustainability advisory and... (16.05.2022)
PLASTICS PRODUCTION GERMANY
Positive figures in 2021 despite difficult environment / New Plastics Europe Deutschland president comes from Evonik
PETROCHEMICAL MARKETS
VAM: Celanese declares force majeure for several acetic acid derivatives / Move impacts EVA, EVOH
German plastics producers association Plastics Europe Deutschland has a new president: at their annual meeting in Hamburg, the member companies elected Ralf Düssel to succeed Michael... (13.05.2022)
On 11 May 2022, Celanese declared force majeure for the entire acetyl and acetate range for its customers in the “Western Hemisphere”. Accordingly, the regions of Western Europe, West... (12.05.2022)
Latest News
Price Reports and Announcements
PIE SPOT PRICE MONITOR
Weak demand puts downward pressure on prices / Wave of energy costs apparently absorbed
17.05.2022
POLYMER PRICES
Standard recyclate May 2022: Higher prices for all grades / Mostly good demand driven by weak availability of virgin material / June set to bring more cost transfers, partly with margin additions
17.05.2022
POLYMER PRICES
Standard thermoplastics trend May 2022: Price reductions dominate the picture / Converters benefit from more storage capacity / Producers come up with special offers / Prices likely to fall further
12.05.2022
POLYMER PRICES
China engineering thermoplastics April 2022: Decrease in prices of most types / Generally low demand / Higher MMA cost and low supply pushed PMMA / Covid-related lockdowns continue to have an impact
12.05.2022
POLYMER PRICES
North America April 2022: Reports of significant increases except for polyolefins / Polyamides in particular are picking up / Inflation and rising interest rates are likely to put pressure on demand / Further inflation in May
11.05.2022
POLYMER PRICES
China standard thermoplastics April 2022: Softer demand pushes prices mostly lower / Continued impact of Covid-19 outbreak / Mixed outlook for May as lockdowns expected to ease
11.05.2022
POLYNT
Price hikes for sheet and bulk moulding compounds
09.05.2022
POLYMER PRICES
Composites/GRP April 2022: Prices still shy of peaks / Demand soft / May moves to range from rollover to slight rises / Glass fibre roving firmer
06.05.2022
POLYMER PRICES
Engineering thermoplastics April 2022: Prices jump again / Hefty hikes for all types / Southern Europe particularly hard-hit / Demand still largely weak / Further increases likely in May
05.05.2022
TRINSEO
Price hikes for polystyrene and copolymers in Europe
04.05.2022
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Date of print: 17/05/2022
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