European polymer prices were largely unchanged over the week to 17th October. There was a reduction of 10 EUR per tonne reported in the price of Polystyrene. In the UK, prices rose across most grades as the Pound lost value against the Euro.   Asian polymers fell with reductions of between 5 and 20 USD […]

Top US officials have accused China of betraying a trade truce reached earlier this year, escalating tensions between the two economic giants.   In an unusual, staged appearance, US Trade Representative Jamieson Greer and Treasury Secretary Scott Bessent blasted China’s plans to curb exports of rare earths “economic coercion” and “a global supply chain power […]

A major lawsuit against five leading carmakers accused of cheating on emissions tests has opened at the High Court in London.   The trial is the latest chapter of what has become known as the “dieselgate” scandal, with the companies facing allegations they used illegal software to allow their cars to reduce emissions of harmful […]

The US and China started charging new port fees on each other’s ships on Tuesday 14th October, as trade tensions between the world’s two largest economies increase.   China says its levies aim to safeguard the country’s shipping industry from “discriminatory” measures and apply to US-owned, operated, built, or flagged vessels but not Chinese-built ships. […]

European polymer prices continued to fall over the week to 10th October. There were reductions of 10 and 30 EUR per tonne reported in the prices of ABS and Polystyrene. In the UK, prices fell across most grades as the Pound gained value against the Euro.   Asian polymers also fell with reductions of between […]

US President, Donald Trump, has said he would impose an additional 100% tariff on imports from China from next month.   In a post on social media, Trump said the US would also put export controls on critical software.   In an earlier post on Friday, he hit back at Beijing’s move this week to […]

Renewable energy overtook coal as the world’s leading source of electricity in the first half of this year, according to new data from the global energy think tank Ember.   Electricity demand is growing around the world but the growth in solar and wind was so strong it met 100% of the extra electricity demand, […]

Aston Martin Lagonda has warned of further losses as it faces US tariffs, and also raised fears over supply chain pressures from Jaguar Land Rover’s cyber-attack fallout.   The U.K. based luxury carmaker said it was now braced for underlying losses greater than £110m, which was the bottom of the previous expected range.   The […]

European polymer prices continued to fall over the week to 3rd October. There was a reduction of 21 EUR per tonne reported in the price of PET. In the UK, prices fell across all grades as the Pound gained value against the Euro.   Asian polymers also fell with reductions of between 5 and 10 […]

Sales of new homes in the US surged by more than expected last month as builders ramped up discounts to lure buyers sitting on the sidelines.   New single family home sales rose 20.5% in August to an annualised rate of 800,000 units, the US Census Bureau reported on Wednesday. It was the fastest pace […]