01 Apr 2021
International sellers continue to face heightened difficulties in convincing Vietnamese customers to accept import HDPE and LLDPE film above the $1300/ton threshold now that locally held cargoes are traded below this benchmark.
31 Mar 2021
Buyers are not confident in the near-term outlook and refrain from making large purchases being well aware of the up-coming maintenance shutdown in the local China market that could curtail export quantities.
30 Mar 2021
It is undeniable that purchasing interest for import PE across Southeast Asia is mediocre, and buyers tend to resist strongly toward cargoes priced above the $1300/ton threshold.
29 Mar 2021
It is undeniable that demand in Vietnam is weak. Local traders are offering ready HDPE and LLDPE film at relatively competitive levels, which distract buyers from the import ground.
25 Mar 2021
Indonesian buyers are facing more difficulties in securing new PO for end product due to the rapid price reductions that scared end product buyers away.
24 Mar 2021
The latest price reductions in Chinese homo-PP export offers have not been able to stimulate demand across the region.
23 Mar 2021
Meanwhile, local traders in Indonesia are cutting spot homo-PP prices for the third week in a row amid lethargic demand conditions.
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