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News Insight & Analysis

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Indonesian government revives the BMDTP scheme to ease the import burden
21 Jul 2021 It is reported that the Indonesian government in the circular number PMK No 68/2021 has revived the Bea Masuk Ditanggung Pemerintah (BMDTP) scheme.
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21 Jul 2021

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Chinese players: No petchem producers affected by Henan flood

Henan houses four ethylene-based PVC plants, which are located outside of the flood area.
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21 Jul 2021

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China Morning Snapshot – 21 July 2021

Meanwhile, there are no concrete reports on the impact of the recent flood in Henan province on the market.
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21 Jul 2021

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21 July 2021: Auction sales result for Shenhua's coal-based PP and PE

Chinese bidders are more confident in proceeding with purchases in today’s auction session, resulting in a high number of deals achieved.
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20 Jul 2021

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China Morning Snapshot – 20 July 2021

Sentiment in the domestic spot market weakens significantly after the large drop in the crude oil market as buyers await additional discounts.
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20 Jul 2021

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Asian butadiene market hit multi-year high level on tight spot supply

Apparently, spot butadiene in the local China market has surged more sharply than the import’s, putting downstream plants under tremendous cost pressure.
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20 Jul 2021

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20 July 2021: Auction sales result for Shenhua's coal-based PP and PE

The steep plunge in the energy complex has negatively affected buying sentiment on the Shenhua auction platform on the second trading day of the week.
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19 Jul 2021

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Local producer continues lifting PP offers in Indonesia, maintains PE unchanged

Besides the lower operating rates, demand in the thermoforming cup and household items that use injection grades has been declining since the lockdown takes place.
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