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Manufacturers can expect to profit from lower oil prices for the foreseeable future, according to a leading economist. Speaking at the NPE trade show, Zbysko Tabernacki at research consultancy IHS, said oil prices would continue to fall following what he called an “unprecedented” collapse in recent months. “We see a floor price of around $40 a barrel in late 2015, early 2016,” Tabernacki said. “Recovery will be gradual and slow, with the price of a barrel reaching $70 by the end of next year.” 27 March 2015
Converters rushed to buy polymers in early February as crude oil and naphtha costs started to creep back up.  25 February 2015
European standard thermoplastic prices fell for the fourth month in a row in February. However, the size of price rebates was lower as a result of smaller feedstock cost reductions and a demand surge. Converters have been operating on low inventories for several months; waiting for signs that polymer prices were bottoming out. The rise in crude oil and naphtha prices at the beginning of the month quickly sparked buyers into action.  25 February 2015
Prices for most engineering plastics turn downward during final quarter as result of feedstock cost reduction and lower demand. ABS, polycarbonate and PA6 see the largest price reductions, PA66 and PBT prices down by less. In contrast, POM remains stable with small gain for PMMA. 5 February 2015
In January, the massive fall in crude oil and feedstock costs saw polymer prices tumble. 3 February 2015
In January, the massive fall in crude oil and naphtha prices led to substantial reductions in petrochemical feedstock costs. The monthly contract price settlements for ethylene, propylene and styrene monomer fell €120/tonne, €130/tonne and €290/tonne, respectively. Polymer producers were faced with no option but to grant major price concessions to their customers. 3 February 2015
Prices for all standard thermoplastics fell in December. 5 January 2015
European standard thermoplastic prices continued their downward slide in November following ongoing turbulence in upstream markets. Crude oil prices plunged further late November following OPEC’s announcement that it would not lower its oil production rates. Petrochemical feedstock contract prices were fixed lower soon after, but polyethylene suppliers limited the effect on price rebates. 5 January 2015
The Polyolefin sector saw the liveliest demand with food packaging sales leading the way. 26 November 2014
The downward trend for standard thermoplastic prices, which began in mid-summer, gathered momentum last month due to falling feedstock costs. Brent crude oil prices have now fallen by nearly 33% from end-July to mid-November.  26 November 2014
Engineering plastic prices stabilise during third quarter as automotive demand cools. Small gains for ABS, polycarbonate and PMMA during the quarter, POM and PBT stable while polyamide prices fall slightly. 30 October 2014
The food packaging and caps and closures sectors posted most positive sales. 21 October 2014
Calmness returned to the European standard thermoplastics sector last month after the turbulence of September. October feedstock contract prices for ethylene, propylene and styrene monomer were all settled on a rollover basis with benzene up slightly (+€6/tonne).  21 October 2014
September prices drifted down as costs tumbled. 1 October 2014
In September, European standard thermoplastic prices continued to drift downward following an across-the-board reduction in feedstock costs. Polymer producers attempted to hang onto as much of the cost reduction as they could in order to bolster their profit margins. Buyers however managed to gain further concessions with prices in all polymer classes, except, polystyrene, falling by less than the cost relief. 1 October 2014


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