Base petrochemicals, aromatics and feedstocks November/December 2023

Styrene December 2023: Contract drops to lowest mark since July

PVC November 2023: Prices give way again / Lack of impetus from construction industry / Downward adjustments expected for December too

PET November 2023: Market still in crisis mode / European production in deep trouble / PX drop implemented in part / Dispute over annual purchase volumes coming to a head / December to remain weak

Benzene December 2023: Contract posts another triple-digit drop

Propylene December 2023: C3 reference fixed lower again

Ethylene December 2023: Contract price softens again

Polyurethane feedstocks November 2023: Slight markdowns overall / Price erosion likely to continue with weak demand

Engineering recyclate November 2023: Weak demand combined with abundant imports puts prices under pressure / Business likely to remain slow in the “maintenance month” of December

Standard recyclate November 2023: Prices fluctuate between stable and slightly falling / Market remains stubbornly in rollover / No stimuli for demand

Spot markets in reverse: All quotations trend lower / Year-end clearance expected

China engineering thermoplastics October 2023: Prices broadly lower as feedstocks take cue from softer crude oil / November prices expected to ease on softer demand

Standard thermoplastics trend November 2023: Reductions track fall in monomer cost / Larger price cuts rare / Subdued demand, end of year dictate market

China standard thermoplastics October 2023: Prices fall across the board / Demand largely weak / Buying to remain slow in November

North America October 2023: Rollovers predominate, only PP and PS move up / Surplus in nearly all segments / End of strike in auto industry unlikely to affect prices / Reductions expected in November / Further uncertainty due to Middle East conflict