Asia Daily PP and PE Overview – 28 December 2020

Meanwhile, Middle Eastern suppliers are not active in opening new offers citing the weak buying interest in Southeast Asia and the ability to fetch better prices in Turkey.

23 Dec 2020

Asia Daily PP and PE Overview – 23 December 2020

Meanwhile, Vietnamese buyers are questioning the possibility that import homo-PP offers would breach below the $1200/ton threshold in the coming week.

22 Dec 2020

Asia Daily PP and PE Overview – 22 December 2020

However, transactions are thin and regional players seem to embrace the holiday mood, especially among Indonesian customers.

21 Dec 2020

Asia Daily PP and PE Overview – 21 December 2020

Singaporean LDPE film appears to be one of the most competitive cargoes at the moment at $1510/ton CIF Southeast Asia despite the significant increases from the previous month.

18 Dec 2020

Asia Daily PP and PE Overview – 18 December 2020

The markets are not moving in tandem, causing regional buyers to slow down to assess the outlook before making decisions.

17 Dec 2020

Asia Daily PP and PE Overview – 17 December 2020

While Vietnamese buyers withdraw further to the sideline, Indonesian customers actively securing cargoes with prompt loading time.

16 Dec 2020

Asia Daily PP and PE Overview – 16 December 2020

It appears that Indonesian buyers are still having the interest to make additional replenishment for Chinese materials, however, prefer to delay for a few days with the hope to obtain additional discounts.

15 Dec 2020

Asia Daily PP and PE Overview – 15 December 2020

The development is expected to put pressure on other international suppliers, who continue to introduce large increases to the region this week.

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