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Market Wrap Daily Polyolefins Market

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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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23 Nov 2022

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Daily Market Wrap – SEA – 23 November 2022

Higher import and local offers for homo-PP are facing stiff resistance across the region by mid of the week, from which several international suppliers started to collect bids just to gauge the acceptance levels.
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23 Nov 2022

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Daily Market Wrap – China – 23 November 2022

It is informed that the Saudi producer is now guiding buyers to place bids at $960/ton for LLDPE film, but responses are weak. Most buy ideas are either the same levels as deals done in the previous week at $940/ton for the same cargoes, or slightly lower.
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16 Nov 2022

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Daily Market Wrap – SEA – 16 November 2022

Overseas suppliers started to implement a firmer stance on import homo-PP offers to the Southeast Asia market to reflect the latest rebound in China. While prices are firmer, buying interest has not shown any major improvement.
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16 Nov 2022

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Daily Market Wrap – China - 16 November 2022

Following several days of strong replenishment activities in the import market that sent prices to multi-week highs, Chinese buyers seem to have stocked up the needed quantities.
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