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…
🔍 Polymer Price Dynamics in Q3 2024 🔍
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: 📉 Weak Demand and Oversupply: The first half…
📢 Poor PVC fundamentals impact margin recovery in Europe
🔍 The European PVC market faces challenges as it attempts to stabilize amid low procurement and margin pressures. Here are the key highlights: 🔸Small price drops (€5-10/ton) due to buyer resistance.🔸Holiday-shortened months and low demand in Western Europe.🔸Comfortable supply and competitive…
🌟 Exciting developments in the polymer market! 🌟
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…
📉 PVC Prices Remain Stable in Italy and West Europe for Second Consecutive Month 💰
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: 1️⃣ Import Concerns:…
📊 PVC Market Insights: Cautiously Optimistic for September 📈🌍
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: 1️⃣ 𝗡𝗼𝘁𝗮𝗯𝗹𝗲 𝗘𝘁𝗵𝘆𝗹𝗲𝗻𝗲 𝗦𝗲𝘁𝘁𝗹𝗲𝗺𝗲𝗻𝘁 𝗛𝗶𝗸𝗲𝘀:…
🌐 Unfolding the mystery: What lies behind the volatility of plastic price changes // Part VI – 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 𝗱𝗼𝗺𝗶𝗻𝗮𝗻𝘁 𝗽𝗿𝗼𝗱𝘂𝗰𝗲𝗿𝘀 𝗮𝗻𝗱 𝗰𝗼𝗻𝘀𝘂𝗺𝗲𝗿𝘀, 𝗶𝗺𝗽𝗼𝗿𝘁-𝗱𝗲𝗽𝗲𝗻𝗱𝗲𝗻𝘁 𝘁𝗲𝗿𝗿𝗶𝘁𝗼𝗿𝗶𝗲𝘀, and 𝗲𝘅𝗽𝗼𝗿𝘁-𝗱𝗿𝗶𝘃𝗲𝗻 𝗺𝗮𝗿𝗸𝗲𝘁𝘀. Let’s delve into these distinct roles that shape the…
🌐 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 𝘀𝘂𝗽𝗽𝗹𝘆-𝗱𝗲𝗺𝗮𝗻𝗱 𝗯𝗮𝗹𝗮𝗻𝗰𝗲. Let’s unveil how production intricacies shape this balance, adding another…
🌐 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: 𝘁𝗵𝗲 𝗰𝗼𝗻𝗰𝗲𝗽𝘁 𝗼𝗳 𝗮𝗿𝗯𝗶𝘁𝗿𝗮𝗴𝗲. 📊𝗔𝗿𝗯𝗶𝘁𝗿𝗮𝗴𝗲…