Asia Daily PP and PE Overview – 26 November 2020

In contrast to the active sentiment in Vietnam, Indonesian customers are no longer aggressive in making purchases.

25 Nov 2020

Asia Daily PP and PE Overview – 25 November 2020

There are signs that Vietnamese buyers are on panic buying following the dramatic price hike from a major Saudi Arabia producer in the previous trading session, especially for LDPE film.

24 Nov 2020

Asia Daily PP and PE Overview – 24 November 2020

The skyrocketing prices, especially LDPE film cargoes, stirred up the domestic market as traders rush to firm up offers to reflect the new hike in the import ground.

23 Nov 2020

Asia Daily PP and PE Overview – 23 November 2020

The latest on-site visit to several plastic bag makers indicated stable demand conditions, which points the softer sentiment in the HDPE film market to the comfortable supply condition in China.

20 Nov 2020

Asia Daily PP and PE Overview – 20 November 2020

Middle Eastern cargoes have been concluded at $1010/ton CFR China, signaling that other suppliers would introduce small to moderate increases in the coming week.

18 Nov 2020

Asia Daily PP and PE Overview – 18 November 2020

The regional import PP market holds firm thanks to the tight supply condition and surging shipping costs, however, purchasing activities have weakened visibly.

17 Nov 2020

Asia Daily PP and PE Overview – 17 November 2020

At the time of this report, local traders are not showing the appetite to make additional purchases, however, manufacturers are in dilemma to make decisions due to the inability to increase end-product prices.

16 Nov 2020

Asia Daily PP and PE Overview – 16 November 2020

It is believed that the market would see additional increases in the coming days as manufacturers are in mid of preparation for Lunar New Year orders.

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