Asia Daily PP and PE Overview – 24 February 2021

While the regional PP market shows signs of stabilizing, the PE sector just only starts to firm up on the back of the lack of supply and strong upstream ethylene costs.

23 Feb 2021

Asia Daily PP and PE Overview – 23 February 2021

There are mixed developments in the regional homo-PP market on the second trading day of the week, however, a constant factor observed across the region is the increasing resistance among buyers.

22 Feb 2021

Asia Daily PP and PE Overview – 22 February 2021

Another Saudi Arabia producer has given the indication for both HDPE and LLDPE film cargoes at $1200/ton CIF Vietnam, though official offers would only be available in the coming week.

19 Feb 2021

Asia Daily PP and PE Overview – 19 February 2021

There have been reports that buyers in the Philippines and Pakistan are joining the rush to search for competitive cargoes, further support the firm sentiment across the region.

18 Feb 2021

Asia Daily PP and PE Overview – 18 February 2021

Regional homo-PP market remains on the uptrend given the fact that suppliers continue to push cargoes to Turkey and the South American market for better margins.

17 Feb 2021

Asia Daily PP and PE Overview – 17 February 2021

In Indonesia, PE buyers are rushing to the local ground to make replenishment resulting in better sentiment in this market.

09 Feb 2021

Asia Daily PP and PE Overview – 9 February 2021

In the meantime, trading activities in certain areas in Indonesia have also picked up as buyers rush back to the local market to make replenishment realizing the tightening import market that has been pushing prices higher.

08 Feb 2021

Asia Daily PP and PE Overview – 8 February 2021

Suppliers are not interested in offering to the waning market in Southeast Asia, instead, diverting cargoes to the Indian Subcontinent market and South America.

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