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Price Data
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In the Spotlight
ABS
EU considers imposing anti-dumping duties on ABS imports from South Korea and Taiwan
In a bombshell for the local ABS market, the European Union is considering introducing anti-dumping duties on ABS from South Korea and Taiwan, according to a press release from 19 December. Possible anti-dumping violations in the period from 1 October 2023 to 30 September 2024 are being investigated. The EU will probably publish the final result at the end of 2025 or beginning of 2026. Preliminary... (20.12.2024)
OLIN
US group plans to enter PVC production / Kem One to deliver to US / German resin plant to restart production
— By PIE staff — PVC intermediate products and epoxy resins have been the main areas of activity for Olin to date. Now, the group – which came about mainly from a takeover of the chlor-alkali activities from Dow Chemical – is moving to become more involved in the downstream side of the business.... (13:28)
YEAR-ENDER: EUROPEAN ENERGY MARKET
Q1, Q2 dotted with price fluctuations for electricity / Gas market relatively calmer than 2023 / Renewable energy experiences boost
— By Dimitrios Koranis — Once again, the year saw a dynamic European electricity and gas market. Price fluctuations, the transformation of energy generation, and geopolitical influences were at the centre of developments. Let’s take a look back at the price developments, the changes in supply and demand,... (06:00)
EUROPEAN CAR MARKET
EU registrations falter in November / Sales of battery-electric vehicles slump
— By Eric Culp — The EU car market returned to contraction last month with nearly 870,000 new passenger vehicle registrations representing a drop of 1.9% from a year ago, according to the European automobile manufacturers’ association ACEA. The November decrease followed a rise of 1.1% in October and... (06:00)
LOGISTICS
Inland waterway sailors on Germany's Moselle and Elbe rivers hope for quick repairs to locks and bridges
— By PIE staff — Spending Christmas on a riverboat can be quite costly for many retired couples. The prospect of a Christmas Eve at work may seem less appealing to the inland waterway boatmen who are currently stuck on Germany’s Moselle River. The lock in the small German town of Müden is out of action... (06:00)
COVESTRO
Successful takeover bid: Adnoc receives 91.3% of all shares tendered
— By PIE staff — The takeover of Covestro by the Abu Dhabi National Oil Company has taken a big step forward. Following the end of the acceptance period on 16 December 2024, 91.3% of all outstanding shares in the German speciality chemicals company are now owned by Adnoc investment company XRG, or have... (19.12.2024)
YEAR-ENDER: EUROPEAN RECYCLATE MARKET
Insolvencies abound as industry faces slowdown / Wider price gap to virgin plastics weighs heavy / Two more difficult years / Will Trump policies aid EU recycling sector?
— By Heather Arnest Liesch — European recyclers are fighting on multiple fronts. Weak demand, low virgin polymer prices, high production and energy costs, regulatory uncertainty, and a rise in imports have resulted in a slowdown in both activities and investments. The many forces majeures declared in 2024 –... (19.12.2024)
Plastic Fantastic
Dear Santa, dear headmaster: no SUPs, please
— By Andru Shively — ’Tis the season once more and so in many parts of the world, children are sending out their letters to the North Pole, reassuring jolly old Saint Nicholas of their ... (20.12.2024)
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Spot Price Monitor
Weekly updated spot prices
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Latest News
POLYNT
Price hike for polyester and vinyl ester resins
13:24
POLYMER PRICES
Butadiene January: Back to sideways movement
12:24
EXXONMOBIL
Final decision in long-running emissions litigation / Petchem giant loses
06:00
VESTAS
Job cuts in rotor blade production on the Isle of Wight
06:00
INN-FLEX
Italian manufacturer of flexible packaging takes over Serbian competitor Papir Print
06:00
FORVIA
Martin Fischer to take over as CEO of French automotive supplier
06:00
PLASTIC FANTASTIC
Dear Santa, dear headmaster: no SUPs, please
06:00
KRAUSSMAFFEI
Sinochem delists German machine manufacturer from Shanghai stock exchange
19.12.2024
GERMAN CHEMICAL INDUSTRY
Turnaround remains elusive / Some improvement in 2024 but profitability still lags
19.12.2024
Social networks
Price Reports and Announcements
POLYNT
Price hike for polyester and vinyl ester resins
13:24
POLYMER PRICES
Butadiene January: Back to sideways movement
12:24
POLYMER PRICES
Paraxylene December: Contract moves only slightly higher
18.12.2024
POLYMER PRICES
Polyurethane feedstocks December: The year ends, new one starts without momentum / Discounts can be expected with good supply in January
18.12.2024
PIE SPOT PRICE MONITOR
Downtrend continues / Buyers bet on further price reductions
17.12.2024
POLYMER PRICES
Engineering recyclate December: Recyclers, converters in year-end mode / Maintenance work starts early / Glimmer of hope for January
16.12.2024
POLYMER PRICES
China engineering thermoplastics November: Weak demand drives price decreases / PBT bucks the trend / Further decreases expected in December
16.12.2024
POLYMER PRICES
China standard thermoplastics November: Broad price declines / Demand slow in traditional off-season / Outlook remains weak / Prices seen falling in December
16.12.2024
POLYMER PRICES
Standard recyclate December: High stocks paired with low volume calls / Extended plant holidays at many companies / No improvement expected in January
13.12.2024
POLYMER PRICE FORECASTS
Further decline in naphtha / Precursors to also ease in January
12.12.2024
Readers' Choice
DISTRUPOL
Plastics distributor goes to competitor Omya / Objective to build global polymer distribution platform
09.12.2024
CHEMICAL INDUSTRY
High energy costs disadvantage European output, investment – Atradius report / Gap widening versus advantaged production in US / Stronger growth prospects in China, Middle East
09.12.2024
YEAR-ENDER: POLYMER PRICES
Cheaper materials from Asia pressure European manufacturers / PU, PET under special focus / Trump policies could raise European production costs / “If construction doesn´t take off by March, the year is over.”
17.12.2024
LOGISTICS
Harbour strikes in India, US / DB Cargo staff cuts to help with reorganisation
13.12.2024
PACKAGING EUROPE
Council of the EU formally adopts PPWR / Regulation to be applied 18 months after date of entry into force
17.12.2024
CHEMICAL RECYCLING
Zero Waste Europe calls for virgin production cap over chemical reclaim / Industry sees benefit for mixed plastics waste
10.12.2024
YEAR-ENDER: EUROPEAN ECONOMIC OUTLOOK
Growth set to improve in ´25 / US policy remains wild card
12.12.2024
ORLEN
Polish petrochemical group stops construction of new cracker / Nowa Chemia project as replacement
12.12.2024
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Date of print: 21/12/2024
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