Polymer Price Reports Released for April 2019
The latest polymer price reports and charts have been released by Plastrack.
Standard Thermoplastics Trends April 2019:
Ethylene (C2) Feedstock – in April prices increased by Eur 28/mt driven by further increases in naphtha prices. Supply and demand are at normal levels. Planned maintenance outages have had no impact on supply / availability of material due to higher stock levels in the supply chain.
Propylene (C3) – In April prices increased by Eur 15/mt driven by increases in prices of naphtha. Lower demand levels caused by the automotive slow down prevented a more significant price escalation. Supply is at a normal level.
LDPE, LLDPE, HDPE price increases were seen during the month on the back of increases in Ethylene C2 feedstock prices. Both demand and supply are at normal levels.
PP pricing increased during the month attributed to increases in Propylene C3 monomer. Both demand and supply continue to be at low levels.
PVC pricing increased by Eur 14/mt in the month of March. The market continues to be well balanced with demand and supply at normal levels. Lower supply levels predicted in forward periods caused by planned maintenance outages are expected to drive price increases.
Styrenic prices increased by Eur 61/mt in the period driven by higher prices of SM. Further price increases are predicted in the coming month. Supply is at a normal level however demand is at a lower than usual level.
Engineering Thermoplastics Trends April 2019:
Benzene feedstock pricing increased by Eur 48/mt. Demand and supply are at normal levels.
PC prices were once again stable in April. The market appears more balanced with producers lowering output in light of the slowdown in demand (particularly from the automotive sector). Price stability is predicted for the coming period.
PA6 pricing was largely stable in the month of April. Both supply and demand are at low levels
PA66 pricing was largely stable in the month of April. Supply and demand continue to be imbalanced with normal supply levels and much lower demand. The continuing sluggishness of the automotive segment is continuing to tip the demand versus supply balance. Price reductions are predicted in the coming month as producers attempt to offload inventory.
PBT pricing was largely stable in the month of April. Supply and demand are balanced but at low levels. Price stability continues to be predicted in the coming period.
POM pricing was largely stable in the month of April. Supply and demand are at low levels. Price stability is predicted in the coming period.
PMMA pricing reduced by Eur 51/mt in the month of April. The market is well supplied but demand is still very low. Forward price reductions are anticipated.
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.
