TIME TO PUT THE BALLS INTO PLAY
- Middle East PP prices plunge. ONG, SHEAU LING; Bantiilo, Pearl // ICIS Chemical Business;7/4/2011, Vol. 280 Issue 1, p11
The article offers information on the decline in the price of polypropylene (PP) in Middle East. It states that PP prices dwindled by around 140 dollars per tonne as producers in the Gulf Cooperation Council (GCC) region slashed offers after the recent price fall in the China market. It mentions...
- Turkey PP could soften on propylene decline. TUDBALL, MATT // ICIS Chemical Business;12/15/2014, Vol. 286 Issue 20, p14
The article reports that spot cost and freight prices for raffia and fiber in Turkey's polypropylene market may face downward pressure due to a 60 euros per tonne decline in the December 2014 propylene contract and lower cost Egyptian material in Turkey.
- Mideast PS March offers roll over. PATHARE, VEENA // ICIS Chemical Business;3/11/2013, Vol. 283 Issue 9, p23
The article reports that producers of polystyrene (PS) in the Gulf Cooperation Council (GCC) region rolled over their polystyrene prices to the Middle East markets. It states that the stagnant price of styrene monomer (SM) made the PS producers to maintain high PS price offers in March 2013. In...
- Europe PP buyers set for more hikes. Naylor, Linda // ICIS Chemical Business;5/11/2015, Issue 3537, p17
The article cites the expectation of polypropylene (PP) buyers in Europe for more price hikes in May 2015 after the significant increases at freely-negotiated accounts in April 2015. Topics covered include the disparate price range in April, the spot offers for homopolymer and copolymer, and the...
- PP supply tightens, spurring hikes. Naylor, Linda // ICIS Chemical Business;4/21/2014, Vol. 285 Issue 16, p15
The article reports that industry sources announced on April 11, 2014 that European polypropylene (PP) buyers are under pressure to pay higher prices in April 2014 as supply tightens. It informs that the PP supply restrictions are due to tight PP availability and better-than-expected demand. It...
- An ideal moment for subsidy cuts. // MEED: Middle East Economic Digest;7/29/2015, Vol. 59 Issue 30/31, p5
The article reports that United Arab Emirates (UAE) have spent 12.6 billion dollars on subsidies in 2015 with low oil prices. It mentions that subsidies encourage unsustainable use of resources and falls the economy by billions of dollars. It states that Egypt and Jordan have reformed their...
- Egypt to respond on PP duties. // ICIS Chemical Business;9/17/2012, Vol. 282 Issue 7, p5
The article reports that Egypt's Ministry of Industry and Foreign Trade is expected to respond to an October 2012 report by a group of Gulf Cooperation Council (GCC) petrochemical manufacturers which summarizes arguments made by the GCC to the Ministry regarding polypropylene (PP) duties.
- New Capacity Will Spur Mideast Demand. Bewley, Lindsey // Chemical Week;6/1/2009, Vol. 171 Issue 15, p25
The article predicts the rise in demand for polyolefins in the Middle East by 2010, according to Frost & Sullivan. Demand will be stimulated by an increase polyolefins capacity coming in the Gulf Cooperation Council (GCC) nations, including Qatar, Saudi Arabia and the United Arab Emirates. It is...
- GCC stock markets count costs. WILKINSON, PHILIPPA // MEED: Middle East Economic Digest;8/26/2015, Vol. 59 Issue 34/35, p16
The article reports on the decline of stock market main indices in the Gulf Cooperation Council (GCC) states as of August 2015 due to low oil prices and problems on global financial markets.