Local producer rollovers May PP, PE offers in Malaysia amid sluggish demand

28 Apr 2023 Initial responses from the market are soft. Buyers refrain from placing any firm bids, especially on PP cargoes amid the dwindling finished goods businesses and comfortable supply conditions.

28 Apr 2023

Competitive Chinese cargoes weigh on the Indonesian homo-PP market after Ramadan

Indonesian market participants return to the market to find the readily present competitive Chinese homo-PP offers that weigh heavily on the market sentiment...

27 Apr 2023

China Morning Snapshot – 27 April 2023

Domestic spot PP and PE market moderately responded to the weakening Dalian Commodity Exchange as prices see just CNY50/ton reduction from the previous day.

27 Apr 2023

27 April 2023 - Shenhua's coal-based PP and PE Auction Results

The poor results for PP contracts are further proof of the market hesitance upon any price markups with homo-PP gaining CNY30/ton from the last session.

26 Apr 2023

China Morning Snapshot – 26 April 2023

Trading sentiment in the domestic spot market falls sharply throughout the first half of the day, which is very much expected taking into account the soft finished goods demand.

26 Apr 2023

26 April 2023 - Shenhua's coal-based PP and PE Auction Results

Since the month is drawing to a close, coupled with the fact that there is limited import arrival and availability, producers are holding a firmer stance on their prices, however market hesitance remains with customers taking need basis deals only.

25 Apr 2023

Malaysian PVC market gallops lower; buyers insist on bids below $800/ton mark

Following the new PVC price announcement from a key Taiwanese producer with a $60/ton dropped from the previous month, other Asian sellers rush to introduce additional discounts to retain their competitiveness.

25 Apr 2023

Import homo-PP market in Vietnam shows signs of softening amid swelling buyer resistance

This week, a couple of overseas sellers pioneers price cuts on import homo-PP offers to Vietnam – a clear sign that the persistently weak demand condition triumphs over all other factors.

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