Daily Market Wrap – SEA – 20 Nov. 2023

Several other Middle Eastern producers are planning to open new price lists within this week. At least two producers told CommoPlast of their plans to keep the new offers stable compared to deal levels done for November.

20 Nov 2023

Daily Market Wrap – China – 20 Nov. 2023

The favorable exchange rates have also created a more conducive environment for importing, prompting buyers here to assess potential deals. However, new import offers are limited at the moment.

17 Nov 2023

Daily Market Wrap – China – 17 Nov. 2023

Nevertheless, Chinese buyers have shown greater acceptance for non-dutiable Vietnamese homo-PP yarn and injection cargoes with deals being done

16 Nov 2023 LL C4 Film PPH Raf

Daily Market Wrap – China – 16 Nov. 2023

Meanwhile, the PE sector witnessed more active transactions toward the weekend. A major Saudi Arabia producer reportedly sold more than 2000 tons of LLDPE film to China

15 Nov 2023

Daily Market Wrap – China - 15 Nov. 2023

In the meantime, there have been discussions that the draught at the Panama Canal might continue to restrict the inflow of LPG cargoes from the US, which would keep propane costs at the high side.

14 Nov 2023

Daily Market Wrap – SEA – 14 Nov. 2023

In Vietnam, a Malaysian producer agreed to another $50/ton discount from the initial price list on LDPE parcels after facing stiff resistance from buyers in the previous week.

14 Nov 2023

Daily Market Wrap – China – 14 Nov. 2023

The domestic spot market extended the weakening trend on the second day of the week with offers falling another CNY50/ton on the back of the dwindling futures market and sluggish demand conditions.

13 Nov 2023

Daily Market Wrap – SEA – 13 Nov. 2023

Southeast Asian buyers are on the watch for new offers from international suppliers, though, like the PP market, players believed that the active buying in China last week might exert a limited impact on Southeast Asia.

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