Episode 1110: Europe, Middle East PE/PP markets react to Red Sea in January

Escalating frictions in the Red Sea have prompted serious concerns over supply and trade flows in the polyethylene and polypropylene markets.As a result, there’s – rather unexpectedly - plenty to discuss in the first European PE and PP podcast of 2024.PE & PP editors for Europe and Africa, Ben Lake and Vicky Ellis are joined by Middle East editor, Nadim Salamoun for a run-down on how the various markets of Gulf Coast, South Asia, Europe, Africa and Turkey are reacting to the Red Sea shipping attacks.They also discuss turnaround seasons, rising freight costs and some European buyers’ sluggish reaction to wider logistics issues.