As the container shipping market continues its unprecedented price rally, the impact on global supply chains is profound. Since May, we have witnessed persistent disruptions, pushing freight rates to near pandemic-era highs. This surge is particularly evident in the Drewry and…
EU imposes anti-dumping duties on S-PVC from Egypt and the US: What this means for the industry
In a significant move aimed at protecting local industries, the European Union has imposed anti-dumping duties on suspension polyvinyl chloride (S-PVC) imports from Egypt and the United States. This decision, effective immediately, follows a comprehensive investigation by the European Commission into…
๐ Polymer Price Dynamics in Q3 2024 ๐
The first half of 2024 was characterized by weak demand and oversupply in the European polymer market, leading to significant price fluctuations. Below is a summary of the key trends and expected changes: ๐ Weak Demand and Oversupply: The first half…
๐ข Poor PVC fundamentals impact margin recovery in Europe
๐ The European PVC market faces challenges as it attempts to stabilize amid low procurement and margin pressures. Here are the key highlights: ๐ธSmall price drops (โฌ5-10/ton) due to buyer resistance.๐ธHoliday-shortened months and low demand in Western Europe.๐ธComfortable supply and competitive…
๐ Exciting developments in the polymer market! ๐
The latest data from Chemorbis shed light on the evolving landscape of polymer imports in the EU27. Despite challenges such as high inflation and geopolitical tensions, 2023 witnessed intriguing shifts in import volumes, with notable records and fluctuations across various polymer…
๐ PVC Prices Remain Stable in Italy and West Europe for Second Consecutive Month ๐ฐ
Despite logistics disruptions and rising freight rates due to the Red Sea turmoil, PVC markets in Europe remained stable in February, marking the second month of stability. Let’s see the key takeaways from a market analysis by Chemorbis: 1๏ธโฃ Import Concerns:…
๐ PVC Market Insights: Cautiously Optimistic for September ๐๐
August marked stability after four months of PVC market declines. While minor dips were witnessed, lackluster demand prevailed in the upper price range. Now, the spotlight shifts to September. Sellers stand cautiously optimistic, driven by several factors: 1๏ธโฃย ย ๐ก๐ผ๐๐ฎ๐ฏ๐น๐ฒ ๐๐๐ต๐๐น๐ฒ๐ป๐ฒ ๐ฆ๐ฒ๐๐๐น๐ฒ๐บ๐ฒ๐ป๐ ๐๐ถ๐ธ๐ฒ๐:…
๐ Unfolding the mystery: What lies behind the volatility of plastic price changes // Part VI โ Price Makers and price Takers in the Global Plastics Trade
Navigating the global plastics trade unveils a fascinating dynamic between regions as price makers and price takers. Within this intricate web, we witness ๐ฑ๐ผ๐บ๐ถ๐ป๐ฎ๐ป๐ ๐ฝ๐ฟ๐ผ๐ฑ๐๐ฐ๐ฒ๐ฟ๐ ๐ฎ๐ป๐ฑ ๐ฐ๐ผ๐ป๐๐๐บ๐ฒ๐ฟ๐, ๐ถ๐บ๐ฝ๐ผ๐ฟ๐-๐ฑ๐ฒ๐ฝ๐ฒ๐ป๐ฑ๐ฒ๐ป๐ ๐๐ฒ๐ฟ๐ฟ๐ถ๐๐ผ๐ฟ๐ถ๐ฒ๐, and ๐ฒ๐ ๐ฝ๐ผ๐ฟ๐-๐ฑ๐ฟ๐ถ๐๐ฒ๐ป ๐บ๐ฎ๐ฟ๐ธ๐ฒ๐๐. Let’s delve into these distinct roles that shape the…
๐ Unfolding the mystery: What lies behind the volatility of plastic price changes // Part V – Navigating the Production-Pricing Nexus in Plastics
n our quest to decode plastics pricing, in this part of our series we dive into the pivotal interplay between production and prices. Remember, the crux lies in the ๐๐๐ฝ๐ฝ๐น๐-๐ฑ๐ฒ๐บ๐ฎ๐ป๐ฑ ๐ฏ๐ฎ๐น๐ฎ๐ป๐ฐ๐ฒ. Let’s unveil how production intricacies shape this balance, adding another…
๐ Unfolding the mystery: What lies behind the volatility of plastic price changes // Part IV – The Power of Arbitrage
In our exploration of the intricate world of plastics pricing, we’ve journeyed through the realms of supply, demand, and raw materials. Today, let’s unveil yet another force that wields a substantial influence on the price dynamics: ๐๐ต๐ฒ ๐ฐ๐ผ๐ป๐ฐ๐ฒ๐ฝ๐ ๐ผ๐ณ ๐ฎ๐ฟ๐ฏ๐ถ๐๐ฟ๐ฎ๐ด๐ฒ. ๐๐๐ฟ๐ฏ๐ถ๐๐ฟ๐ฎ๐ด๐ฒ…