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Market Wrap Daily Polyolefins Market

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Daily Market Wrap – SEA – 10 Jan. 2023
Following the February price announcement from key regional and international suppliers, Southeast Asian buyers are now in mid of negotiation before closing deals.
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09 Jan 2023

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Daily Market Wrap – SEA – 9 Jan. 2023

Transactions are mediocre. Regional buyers cautiously proceed with additional purchases bearing the concerns that the heavy influx of Chinese materials would put a cap on the current upswing.
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03 Jan 2023

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Daily Market Wrap – China – 3 January 2023

While many small-scale converters have already taken off for the Lunar New Year holiday since late December due to lacking end-product orders, more will be off starting 10 January.
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19 Dec 2022

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Daily Market Wrap – SEA – 19 December 2022

In Indonesia, a major domestic producer lifted spot PP offers slightly from the previous week, largely to reflect the weaker Rupiah against the US dollar. The producer’s price list has been facing stiff resistance over the past weeks for converters could not even lift end-product selling prices.
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19 Dec 2022

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Daily Market Wrap – China – 19 December 2022

In the PE market, buyers in the Southern China region continue to portray healthy purchasing interest, mostly for LLDPE film while Eastern and Northern China markets show no signs of changes week-on-week.
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29 Nov 2022

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Daily Market Wrap – SEA – 29 November 2022

Similar to the PP sector, the regional PE market is rather calm on the second trading day of the week. Negotiations are on-going for December shipment after a couple of Middle Eastern producers announced new offers in the previous trading day.
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29 Nov 2022

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Daily Market Wrap – China – 29 November 2022

The figure is relatively low considering the fact that domestic production outputs for both PP and PE in October hit multi-month highs levels, indicating the high operating rates among local petchem plants.
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24 Nov 2022

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Daily Market Wrap – China – 24 November 2022

If earlier this month, suppliers managed to deplete a good number of cargoes in China, allowing them to increase selling prices elsewhere, overseas markets shall expect a similar development in the LLDPE film market in the coming days.
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