Asia Daily PP and PE Overview – 30 June 2020

In the capital city of Jakarta in Indonesia, market participants in the PE bags sector, including end-product traders, are slowing down purchases ahead of the enactment of the single-use plastics bags ban.

29 Jun 2020

Asia Daily PP and PE Overview – 29 June 2020

. In fact, a couple of distributors informed that response from the market is rather poor as buyers are not confident in making replenishment at the current prices.

26 Jun 2020

Asia Daily PP and PE Overview – 26 June 2020

In Indonesia, there have been reports that transactions in the domestic spot market improve visibly toward the weekend as players decided to make additional replenishment ahead of the maintenance shutdown at major regional plants.

25 Jun 2020

Asia Daily PP and PE Overview – 25 June 2020

Feedback from buyers is mediocre. Manufacturers are not aggressive in proceeding with new purchases given the lethargic end product businesses.

24 Jun 2020

Asia Daily PP and PE Overview – 24 June 2020

Players are expecting some minor discounts in the coming days regardless of the heavy maintenance shutdown within Asia region amid the sluggish end product businesses.

23 Jun 2020

Asia Daily PP and PE Overview – 23 June 2020

"Import offers are firm, and the uptrend might extend thanks to the support from the nearby China market, however, the domestic sentiment is a little dull," said, a local trader in Vietnam, who is struggling to lift domestic PE offers.

22 Jun 2020

Asia Daily PP and PE Overview – 22 June 2020

Bullish sellers are counting on the fact that low on-hand inventories among manufacturers might force buyers to return to the market to make replenishment.

18 Jun 2020

Asia Daily PP and PE Overview – 18 June 2020

There have not been any major changes in the regional import homo-PP market toward the end of the week, however, Southeast Asian buyers are more convinced that prices are bound for a correction in the near term.

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