Asia Daily PP and PE Overview – 22 April 2021

Apparently, import PE prices in Vietnam are among the lowest in the region at the moment as most Southeast Asian markets have yet to breach below the $1200/ton threshold.

21 Apr 2021

Asia Daily PP and PE Overview – 21 April 2021

Buyers are waiting for Middle Eastern suppliers to open new prices for May shipment and the overall expectation is that new offers should come down.

20 Apr 2021

Asia Daily PP and PE Overview – 20 April 2021

Some buyers have accepted the new prices for Thai homo-PP but remain cautious and limit purchases to 100-200 tons to wait for further reductions.

19 Apr 2021

Asia Daily PP and PE Overview – 19 April 2021

Southeast Asian buyers are waiting on the sideline for international suppliers to open May shipment offers for PE, which are expected to drop from April considering the recent steep price cut from a major Saudi Arabia producer.

14 Apr 2021

Asia Daily PP and PE Overview – 14 April 2021

As a result of the softer local market, Chinese suppliers reduced homo-PP export offers with deals concluded at $1270/ton FOB China term.

09 Apr 2021

Asia Daily PP and PE Overview – 9 April 2021

Supply for PE is not high; however, overseas suppliers seem testing the acceptance levels in China market after an extended period of sluggish demand conditions.

06 Apr 2021

Asia Daily PP and PE Overview – 6 April 2021

Local supply in India and Indonesia is tight due to plant shutdowns in these markets, however, buyers continue to seek Chinese materials at competitive price levels, easing concerns over the near-term supply outlook.

05 Apr 2021

Asia Daily PP and PE Overview – 5 April 2021

A major Saudi Arabia producer announced weekly PE offers to Vietnam with reductions after large discounts in the previous week failed to attract sufficient purchasing interest.

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