05 Feb 2025 PPH Raf
As previously reported, overseas suppliers, particularly from the Middle East, are prioritising allocations to the Indian market, where demand is stronger and margins are more attractive. Given that the Saudi producer has successfully concluded deals
05 Feb 2025
05 Feb 2025
04 Feb 2025 SPVC k67-68
The PVC market in Indonesia typically experiences a slowdown during Ramadan, primarily due to reduced demand from the construction sector. In line with other Muslim-majority markets, Indonesia will observe Ramadan from 28 February to approximately 30 March,
04 Feb 2025
Market participants note that Indonesian manufacturers in the PP and PE sectors continue to struggle with weak downstream demand despite the government’s decision to scrap its initial plan to raise the value-added tax (VAT) to 12%.
31 Jan 2025
Saudi Aramco has increased its February liquefied petroleum gas (LPG) prices for Asian markets, reversing the reductions implemented in the previous month. The price adjustment was driven by robust demand, exacerbated by severe weather conditions
31 Jan 2025
Several major trading houses are contemplating upward price adjustments in response to the tightening domestic supply, yet the extent of market acceptance remains unclear, particularly given the current demand environment.
