Plastic prices
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Feedstock volatility, rising polymer prices

Feedstock volatility, rising polymer prices

At the beginning of last week, both “feedstock” and energy prices reached their highest levels in 10 years. The price of oil was 139 USD/barrel, NAPHTHA was 1,121.7 USD/t and the price of natural gas was 227.201 Euro/MWh.

Plastic resin markets turmoil

Plastic resin markets turmoil

The market is in turmoil. The escalating Russian-Ukrainian war is distracting from the deal. An unprecedented situation, market participants do not know how to react.

Lanxess increases prices for inorganic pigments

Lanxess increases prices for inorganic pigments

Lanxess is raising its prices for inorganic pigments globally with immediate effect, subject to existing agreements. Quotations will be increased by EUR 150 minimum per metric ton or its equivalent in local currency.

Wacker to raise prices for silicones globally

Wacker to raise prices for silicones globally

Wacker is to raise prices for its entire silicones product range. The price increases vary between 10 and 20 percent and will be effective for material shipped from April onwards, as customer contracts allow.

Lanxess raises prices for compounds

Lanxess raises prices for compounds

Specialty chemicals group Lanxess is increasing prices for its engineering plastics with immediate effect or as contracts allow. The adjustment affects Europe, the Middle East and Africa. The increase for individual products of the brands is as follows

Weekly report on plastics industry

Weekly report on plastics industry

The economic situation of the plastics industry did not change significantly compared to the previous week. Bigger changes are expected after Easter. Many people assume that some companies may not start up after the holidays.

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