Daily Market Wrap – SEA – 27 Feb. 2023

Following a drastic price cut from a key Saudi Arabia producer to Vietnam last week, Southeast Asian buyers are taking a step back to assess the outlook before making decision.

20 Feb 2023

Daily Market Wrap – China – 20 Feb. 2023

Chinese players anticipated more pro-growth measures from the government in the upcoming National People’s Congress to keep the economy humming.

14 Feb 2023

Daily Market Wrap – SEA – 14 February 2023

It has now become clear that the uptrend in the PE sector might have reached its limit now that more international suppliers cutting offers to China.

13 Feb 2023

Daily Market Wrap – SEA – 13 February 2023

There have been discussions that Chinese suppliers could afford to offer export and re-export cargoes at attractive price levels because of the low cost on-hand stocks.

07 Feb 2023

Daily Market Wrap – SEA – 07 Feb. 2023

In Southeast Asia, Chinese homo-PP continues to make up the lower end of the overall price range and it is not a surprise that buyers are attracted to these cargoes as other international sellers maintain a firm stance on their offers.

06 Feb 2023

Daily Market Wrap – SEA – 6 Feb. 2023

Indonesia is not the only market experiencing a cooling off in purchasing activities this week. Indian customers report a similar development.

13 Jan 2023

Daily Market Wrap – China – 13 January 2023

In the import market, new offers from numerous major international suppliers continue to track a stable to firmer trend regardless of the recent drop in the upstream ethylene costs.

11 Jan 2023

Daily Market Wrap – SEA – 11 Jan. 2023

Purchasing activities, on the other hand, have declined from the previous day, partly because customers have secured the much needed quantities and refrain from chasing after the rising prices.

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