The client is a global supplier of machinery to produce plastic-woven fabric used for packaging systems, solid bulk materials and infrastructure applications. As one of the world’s largest suppliers of equipment to the plastics textile and packaging industry, the management of the company understood that demand for its machinery was closely linked to the demand, supply and pricing dynamics of the plastics packaging market.
The company made it a strategic priority to monitor the price movements and trends for polymers markets, with a focus on polypropylene (PP) as the main feedstock for its major customers. To gain better insights into its customers’ economics, the company subscribed to Platts Polymerscan, a weekly market report which provides daily access to over 200 global term and spot polymer price assessments covering LDPE, LLDPE, polypropylene, polystyrene, PVC and HDPE prices.
The company decided to go with Platts based on the strength of its global reputation as a trusted provider of polymer pricing and market information. What’s more, the information was delivered in a concise report, which provided the company with actionable and easily consumable insights into polymer prices, and helped them gauge upcoming sales opportunities based on its customers’ demand and supply dynamics.
If you would like to find out more, please contact: Elisha Low, Marketing Manager, Asia Elisha.Low@spglobal.com
