Asia Daily PP and PE Overview – 23 August 2021

In contrast to the firming trend observed in the nearby China market, September shipment offers from a key Saudi Arabia producer to Southeast Asia are lower than August’s due to the weak demand conditions.

17 Aug 2021

Asia Daily PP and PE Overview – 17 August 2021

Several customers in Pakistan informed of the heavy resistance building up in this market as a result of diminishing confidence in the near-term outlook amid the sluggish trading sentiment in Southeast Asia.

16 Aug 2021

Asia Daily PP and PE Overview – 16 August 2021

Chinese suppliers are hoping that the start of the agricultural film sector that has also boosted demand for LDPE film would soon elevate buying interest for LLDPE film, until then, traders continue to look for export or re-export opportunity.

11 Aug 2021

Asia Daily PP and PE Overview – 11 August 2021

An increasing number of traders have expressed the interest to export or re-export PE cargoes amid the persistent mediocre demand condition in the local ground.

09 Aug 2021

Asia Daily PP and PE Overview – 9 August 2021

The softening local market started to affect sentiment in the import ground. International suppliers are more willing to negotiate with serious buyers now that the outbreak in Southeast Asia limits demands in this region.

04 Aug 2021

Asia Daily PP and PE Overview – 4 August 2021

Chinese buyers said that the low acceptance levels here continue to encourage international suppliers to divert cargoes to elsewhere for better margins, especially in South Asian market.

03 Aug 2021

Asia Daily PP and PE Overview – 3 August 2021

In Indonesia, a key local trading house lifted PE offers sharply compared to the first trading day of the week citing the lack of availability after news that a domestic producer might shut down for maintenance this month.

26 Jul 2021

Asia Daily PP and PE Overview – 26 July 2021

In contrast, South Asian customers are more bullish about the near-term outlook, with expectations that Middle Eastern homo-PP could surge to above the $1300/ton threshold for August loading.

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