Statistics: China’s local PP, PE, and PVC productions dropped in April

24 May 2021 In spite of the plunging import arrivals coupled with the dropped in local production output, the domestic PP and PE market tracked the downtrend throughout the month of April.

24 May 2021

Saudi producer announces June PE offers to Asia

It is informed that availability for June loading is limited due to an issue with the upstream ethylene supply that crippled the downstream PE production.

24 May 2021

Local producer announced PP, PE offers in Indonesia on mixed trend

The continued weakening trend in the import ground encourages buyers to negotiate aggressively for discounts, though sellers attempt to limit the extent of price reduction considering the upstream costs.

24 May 2021

China Morning Snapshot – 24 May 2021

Several traders informed of lower inventories pressure after conceded to discounts in the previous week, however, maintain a bearish expectation in the near-term outlook.

24 May 2021

24 May 2021: Auction sales result for Shenhua's coal-based PP and PE

Transactions on Shenhua’s auction platform have somewhat improved from last week, however, buyers seem to remain cautious reflecting in the mediocre deal results.

21 May 2021

Import ABS to Vietnam inches lower amid weak buying interest

It does not appear that international suppliers would concede to any substantial price cuts in days ahead amid the steady demand in the nearby China market, especially from the toys and electronics sector.