04 Oct 2021
Demand in Malaysia remains mediocre even though the government has eased the COVID-19 lockdown measures to allow the manufacturing sector to ramp up operating rates as vaccination rates increased.
There have been reports that local suppliers are offering larger discounts compared to last week for cash payment, indicating the softer buying sentiment.
While the bullish sentiment spreads across Southeast Asia, there is the undeniable presence of caution. Market participants remain unsure on how the coal and electricity shortages in China would play out in the post-National Day holiday period.
01 Oct 2021
After two price adjustments earlier this week, a key local producer in Indonesia continue to implement two more rounds of increment on the final trading day of the week.
30 Sep 2021
Discussing the post-holiday demand outlook, market sources are cautiously optimistic, citing that the electricity supply issue would determine the state of demand.
Shenhua Baotou Coal Chemical Co is currently the largest coal-based polyolefins producer in China, operates under four subsidiaries
The price provides a benchmark against which Middle East sales of liquefied petroleum gas (LPG) to Asia are priced.
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