Apr 11, 2021 4:07 a.m.
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insight

Asian propylene market weakens on easing supply, softer demand
Title

It is expected that the regional propylene market would remain on the softening trend in the near term, considering the weaker demand from the downstream PP market.
Daily Overview »
Asia Daily PP and PE Overview – 9 April 2021
Asia Daily PP and PE Overview – 6 April 2021
Asia Daily PP and PE Overview – 5 April 2021
Weekly Overview »
Indonesia – Weekly PE Wrap Up - 8 April 2021
Indonesia – Weekly PP Wrap Up - 8 April 2021
Indonesia – Weekly PP Wrap Up - 1 April 2021
Title plant

UPDATE: South Korea’s SK achieved on-spec PP output at the new plant

The PP plant receives propylene supply from SK’s 600,000 tons/year propane dehydrogenation (PDH) unit at the same complex.
Title economy

Crude oil inched lower on supply and demand concerns

International benchmarks for crude oil traded lower on Friday, 9 April 2021 on concerns over the demand outlook amid a new wave of COVID-19.
Title insight

Asian players await May PVC offers with expectations of fresh increases

In India, sources are seeing calmer market sentiment after the government announced curfews in several states to prevent the spread of COVID-19 cases.
Title insight

China Morning Snapshot – 09 April 2021

At the time of this report, sentiment in the local ground remains soft, though sellers hope to counterbalance the situation by the lower inventory pressure ahead of the maintenance shutdown season.

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Dalian Commodity Exchange Updated 09 Apr 2021 Contract No. 2105
PP LLDPE PVC
Close (CNY/ton) 8,782 -56 8,465 -95 8,725 -40
Close (USD/ton) 1,188 -9 1,145 -14 1,181 -6
Volume 198,471 -1798 218,403 -9891 225,338 -39788
* All USD prices are excluding VAT basis
Volume indicates number of contracts
Monomers & Feedstock Updated 08 Apr 2021
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