The latest polymer price reports and charts have been released by Plastrack.
Standard Thermoplastics Trends October 2019:
Ethylene (C2) Feedstock – in October, prices increased by Eur 19/mt on the back of increasing naphtha and oil prices. Weaker demand and normal levels of supply are providing downward price pressure and the expectation is of lower pricing in November.
Propylene (C3) – In October, prices increased by Eur 12/mt reflecting further increases in the price of naphtha and oil. Demand is very subdued, providing downward price pressure in a well-supplied market. The expectation is of falling prices in the coming period.
LDPE, LLDPE, HDPE – prices increased in the period on the back of increases in ethylene monomer feedstocks. The market is balanced with normal levels of supply and demand. Downward price movements are expected in the coming period owing to more subdued demand levels than expected.
PP pricing increased by Eur 23/mt in the period as producers pass on the increases in propylene monomer feedstocks. Demand and supply are at low levels. Predictions are of falling prices in the coming period.
PVC pricing increased by Eur 12/mt in the period as producers pass on cost increases. Demand and supply are at normal levels. Price stability is expected in the coming period.
Styrenic prices decreased by Eur 24/mt in the period driven by lower styrene monomer prices. Supply is normal and demand continues at low levels. Further price reductions are predicted in the coming period.
Engineering Thermoplastics Trends October 2019:
Benzene feedstock pricing decreased by Eur 65/mt in the month of October. Continued weak demand from Styrene is causing a lower than normal demand level offset against a normal level of supply. Pricing is expected to continue to fall in the coming period.
PC prices fell by Eur 52/mt in the month of October driven by subdued demand levels and normal levels of supply. The slowdown in the automotive sector continues.
PA6 pricing reduced by Eur 32/mt in the period. Supply is at normal levels; however, demand continues to be very low (particularly automotive sector). Forward pricing is expected to continue to reduce with no visible signs of demand recovering to more normal levels.
PA66 pricing decreased by Eur 32/mt in the period giving further relief to some historically high pricing levels. The demand situation remains very low with no signs of recovery in the automotive sector on the horizon. Supply remains at high levels with significant stocks building in the supply chain. Price reductions are predicted to continue in the coming period.
PBT pricing reduced by Eur 75/mt in the period. Supply is at normal levels; however, demand continues at low levels. Further price reductions are predicted.
POM pricing reduced by Eur 35/mt in the period. Supply is at normal levels; however, demand continues to be lower than normal. Prices are expected to continue to fall in the coming period.
PMMA pricing reduced by Eur 41/mt in the period. Supply is at normal levels with demand continuing to be low. Further price reductions are predicted in the coming period.
Plastrack Polymer Price Index
Plastrack is a web-based tool which can be accessed by desktop, tablet, or mobile and provides pricing data on the most common feedstocks and polymers. Prices are updated on a monthly basis based on information obtained by Plastrack researchers directly from plastics producers, traders, distributors, and converters. Visit Plastrack’s website for more information.