Asia PE Daily: China spot softens despite futures rebound as Southeast Asian buyers await December declines

Chinese PE spot prices traded mostly stable to softer on Thursday as converters stayed on the sidelines after mid-week restocking, Looking past an afternoon crude-led rebound in Dalian futures. Across Southeast Asia, buyers baulked at elevated Saudi bonded-warehouse offers in Vietnam and deferred procurement in Indonesia and Malaysia as low-priced December/January US LLDPE cargoes emerged.