Asia Daily PP and PE Overview – 30 June 2021

Vietnamese buyers continue to look for regular LLDPE film cargoes with Saudi Arabia parcels settled at $1120/ton CIF terms without any discounts from the initial price list.

29 Jun 2021

Asia Daily PP and PE Overview – 29 June 2021

Buy ideas for Middle Eastern LLDPE film have been raised to $1120-1130/ton in Vietnam from below the $1100/ton threshold in the previous week.

22 Jun 2021

Asia Daily PP and PE Overview – 22 June 2021

More suppliers started to step back on import homo-PP offers in the presence of competitive South Korean cargoes.

21 Jun 2021

Asia Daily PP and PE Overview – 21 June 2021

Southeast Asian market players expect some reductions on homo-PP yarn after South Korean homo-PP injection slumped to $1160/ton in Vietnam last week.

18 Jun 2021

Asia Daily PP and PE Overview – 18 June 2021

A sample survey among small to medium manufacturers in Southern China found that several plants are forced to shut down due to the high level of end-product inventories as a result of container shortages.

16 Jun 2021

Asia Daily PP and PE Overview – 16 June 2021

Southeast Asian buyers remain reluctant toward the LDPE film cargoes in spite of the uptick in replenishment activities for this grade in the nearby China market, for the fact that the location gap remains large at the moment.

15 Jun 2021

Asia Daily PP and PE Overview – 15 June 2021

Regional market participants are losing confidence in the near-term outlook now that the COVID-19 situation is worsening in major import countries including Vietnam and Indonesia, which has already triggered partial lockdowns.

14 Jun 2021

Asia Daily PP and PE Overview - 14 June 2021

Buyers are weighing the impact of the plunging upstream propylene market and the weak demand due to the worsening COVID-19 outbreak across the region.

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