09 Jan 2020
Several buyers commented that without the heightened threat of war, the market might still be able to retain the firmness due to limited supply.
08 Jan 2020
Besides the strategic shutdown at many PE plants due to negative margins that tightened availability, market participants are monitoring the Iran-USA issue closely.
07 Jan 2020
Sellers in Vietnam and Indonesia are leveraging the situation in the import market to lift local offers following months of negative margins.
06 Jan 2020
Vietnamese customers are stepping up the effort to secure additional cargoes, especially for LDPE film, in anticipation of hiking prices in the coming days.
03 Jan 2020
Meanwhile, Southeast Asian buyers are rather concerned over the escalated tension in the Middle East.
02 Jan 2020
Regional buyers reported seeing some off-grade LLDPE film from USA with extensive hike from last month.
30 Dec 2019
It is expected that the market would persist in the current condition this week as many participants are still away for holidays.
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