Nov 23, 2024 10:21 a.m.
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Market Wrap Daily Polyolefins Market

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Daily Market Roundup – China – 27 June 2022
For the first time in nearly two weeks, key futures contracts on Dalian Commodity Exchange settled in the green following the further easing of COVID-19 containment measures in Beijing and Shanghai. Trading sentiment in the domestic spot market, therefore, also gain support to firm up.
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23 Jun 2022

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Daily Market Roundup – China - 23 June 2022

Trading sentiment is softer. Customers, who have made purchases over the past two days, prefer to withdraw to the sideline to complete the paperwork and delivery before proceeding any further.
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21 Jun 2022

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Daily Market Roundup – China – 21 June 2022

CommoPlast Price Index comparing the average local HDPE and LLDPE film prices showed a steeper reduction in LLDPE film over the past couple of weeks despite having a contraction of 7% in import arrivals in May.
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20 Jun 2022

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Daily Market Roundup – Southeast Asia – 20 June 2022

In comparison to the Vietnamese market, demand for LLDPE film in Indonesia is among the weakest, partly due to the weak end-product businesses, and also the large price gap this grade carries over HDPE film. Over the past several weeks, Indonesian sellers have been complaining about the difficulties they face in moving this grade.
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16 Jun 2022

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Daily Market Roundup – Southeast Asia – 16 June 2022

The Southeast Asian PE market remains largely calm ahead of the new price announcement for July shipment. While expecting import offers to follow the stable to firmer trend, mirroring the PP sector, regional buyers show no rush in stocking up additional quantities.
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14 Jun 2022

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Daily Market Roundup – Southeast Asia – 14 June 2022

New import offers from key international suppliers are thin ahead of July price announcement. However, it is interesting to observe an increasing number of re-export LLDPE film cargoes from China in Vietnam
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14 Jun 2022

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Daily Market Roundup – China – 14 June 2022

Other international suppliers have yet to open new offers to China and the prevailing expectations are that new price lists might track stable trend, leveraging the support from surging crude oil prices.
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13 Jun 2022

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Daily Market Roundup – China – 13 June 2022

Market confidence in the near-term outlook dissipates rapidly on the concerns that more areas would be placed under movement restrictions as the authorities escalate testing and contract tracing.
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