Asia Daily PP and PE Overview – 26 October 2020

Demand remains sluggish regionwide, however, customers still reluctantly accept higher offers due to the current supply condition.

22 Oct 2020

Asia Daily PP and PE Overview – 23 October 2020

Looking at the supply situation, there is no doubt that local Indonesian producers would continue to increase PP prices further regardless of the resistance from buyers.

21 Oct 2020

Asia Daily PP and PE Overview – 21 October 2020

Meanwhile, Malaysian players are also complaining about the lack of spot PP cargoes as PrefChem would only restart the troubled plant by Q1- 2021 while Lotte Chemical Titan has been operating its PP units at lower rates due to propylene shortage.

20 Oct 2020

Asia Daily PP and PE Overview – 20 October 2020

Sources said that customers are still making small replenishment, however, sales volumes are just slightly above average at the moment.

15 Oct 2020

Asia Daily PP and PE Overview – 15 October 2020

Market participants heavily concerned over the arrivals of previously purchased cargoes that could potentially cool off demand by the end of October.

13 Oct 2020

Asia Daily PP and PE Overview – 13 October 2020

The Southeast Asian homo-PP market continues to receive a very limited number of new import offers as international sellers claimed sold out available quantities.

09 Oct 2020

Asia Daily PP and PE Overview – 9 October 2020

Chinese players also reported seeing limited supply for prompt LDPE film cargoes in the domestic ground, which might pull prices higher in the coming week.

07 Oct 2020

Asia Daily PP and PE Overview – 7 October 2020

Compared to the PP market, the Southeast Asian PE sector holds largely stable day-on-day while buyers also portray a more cautious stance when it comes to new purchases.

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