Nov 23, 2024 9:49 a.m.
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Market Wrap Daily Polyolefins Market

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Daily Market Roundup – SEA – 2 August 2022
The import homo-PP market across the Southeast Asia region started to track stable to higher levels on the second trading day of the week as suppliers claimed to have depleted a ‘substantial’ number of cargoes in China, and are currently free from any sales pressure.
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01 Aug 2022

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Daily Market Roundup – SEA – 1 August 2022

The Southeast Asian homo-PP market remains on the stable to softer trend on the first trading day of the month even after key international suppliers managed to close a good number of deals in the previous week. Buyers, while concerning about the increasing number of plants cutting operating rates, are fearful of the darkening global economic outlook.
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20 Jul 2022

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Daily Market Roundup – SEA – 20 July 2022

Local and international suppliers are actively offering discounts with the aim to jack up the slackened demand, yet buyers are not in support of the notion that the market is anywhere near the bottom.
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19 Jul 2022

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Daily Market Roundup – SEA– 19 July 2022

In the PE sector, sellers tend to invite customers to place bids instead of opening official price lists. The constantly declining import offers to China that generates wide location gaps between the two markets are eroding Southeast Asian buyers’ confidence.
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18 Jul 2022

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Daily Market Roundup – SEA – 18 July 2022

Import offers are limited on the first trading day of the week as international suppliers take a step back to assess the near-term outlook following the steep reductions in the previous week and the abrupt rebound in the nearby China market.
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18 Jul 2022

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Daily Market Roundup – China – 18 July 2022

While being cautiously optimistic about the near-term outlook, Chinese market participants also fear the rebound might not sustain as more cities extended the lockdown to contain the COVID-19 outbreak.
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13 Jul 2022

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Daily Market Roundup – China - 13 July 2022

Compared to the PP market, Chinese suppliers have to concede to larger discounts on PE yet deals remain thin. Spot LLDPE film dropped CNY100/ton while HDPE and LDPE film slumped CNY150/ton day-on-day as the packaging sector continues to suffer from the lack of demand.
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12 Jul 2022

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Daily Market Roundup – SEA – 12 July 2022

The Southeast Asian homo-PP continues to see a limited number of new offers on the second trading day of the week; however, the downward pressure remains strong.
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