Polymers & Packaging News Today

LLDPE (-2) Rs.87/kg, LDPE prices are around (+2) Rs.119/kg, HDPE PE100 natural (-0) Rs.96.50/kg, HDPE PE100 black (-0) Rs.98.50/kg, HDPE HM (-1) Rs.95/kg Ex Mundra/Bhiwandi. HD Blow Moulding (±0) Rs.94/kg Ex Mundra/Bhiwandi.

HDPE PE100 black (-0) Rs.98.50/kg Ex Mundra/Bhiwandi. HDPE HM (-1) Rs.95/kg Ex Mundra/Bhiwandi. HD Blow Moulding (±0) Rs.94/kg Ex Mundra/Bhiwandi. Ethylene Based K67 (LG)(+0) Rs.78.75/kg Ex Mundra/Nhava Sheva. Low K (Formosa K57) (+2) Rs.81.5/kg Ex Mundra/Nhava Sheva.

The European Biaxially Oriented Polypropylene (BOPP) market has seen a supply surplus amid low demand from downstream packaging industries, leading to a roughly 2% weekly price drop in Germany.

California's ban on expanded polystyrene (EPS) foodservice items could be an initial enforcement test under the new extended producer responsibility regulations. The state EPR mandates EPS foodservice ware to achieve a 25% recycling rate by 2025 or face a sales ban.

Polycarbonate prices indicated stability globally in early May 2024, with increased demand from US construction and automobile sectors contributing to a 4% hike in Brazil in March. EU, MEA, and Asia markets reveal a bull trend.

Italy has delayed its plastic tax implementation from 2024 to 2026. Aimed at lowering plastic usage, the law levies €0.45 per kilo on non-recyclable plastic packaging, impacting products like bottles and carrier bags.

Discover the evolving dynamics of LLDPE, LDPE, and HDPE markets amidst fluctuating prices driven by factors such as crude oil volatility, geopolitical tensions, and global freight rates. Gain insights into regional trends and market sentiments shaping the polymer industry landscape.

PP Raffia (-0) Rs.94/kg levels Ex Godown. PP Film (-0) Rs.98.25/kg levels Ex Godown. PP CP (-0) Rs.98/kg levels Ex Godown. PP Lamination (-0) Rs.97.50/kg levels Ex Godown. LLDPE (-0) Rs.89/kg Ex Mundra/Bhiwandi.

Early May 2024 sees balanced global Polyethylene Terephthalate (PET) market with similar price trends across the US, Germany, and Asia Pacific regions.

LyondellBasell is exploring withdrawal from Europe, reviewing its olefins and polyolefins units. Options include selling assets and restructuring, aiming to focus on businesses generating superior returns on a larger scale.