08 Jan 2021
The market is very slow. Manufacturers have already stocked up sufficient cargoes for Lunar New Year while traders are attempting to deplete the stocks.
07 Jan 2021
Vietnamese customers remain indifferent about the adjustment now that a couple of South Korean producers have also lowered homo-PP prices to $1200/ton with the same term.
06 Jan 2021
A number of manufacturers in Ningbo and Zhejiang are encouraging employees not to travel this Lunar New Year holidays to avoid the spread of COVID019 cases by providing a number of incentives including cash handout and extra month salaries.
05 Jan 2021
Players shall expect a fall in demand from Thai manufacturers as the government imposed strict 28 days lockdown at the industrial provinces of Rayong, Chon Buri, and Chanthaburi.
04 Jan 2021
In Thailand, the government declared a strict lockdown at three eastern provinces of Rayong, Chon Buri, and Chanthaburi for 28 days to curb the spread of COVID-19 infection here.
30 Dec 2020
A number of deals for Chinese homo-PP yarn have also been reached in Indonesia, though the cautious stance is similar to those observed in Vietnam.
29 Dec 2020
Meanwhile, the market might not see many USA cargoes in the coming month as Formosa Plastic Corporation Texas plans major maintenance shutdowns at all three olefins and downstream PE units.
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