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News Insight & Analysis

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Taiwanese ABS surged in Indonesia on the back of tight supply, strong upstream
19 Feb 2021 The increases in SM prices are especially steep this week following a series of plant outages in Japan and the USA after natural disaster struck the two countries.
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19 Feb 2021

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China: Auction sales result for Shenhua's coal-based PP and PE

Sentiment slows down a little compared to the previous trading day as players decided to wait for clearer market direction in the coming week.
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19 Feb 2021

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China Morning Snapshot – 19 February 2021

Meanwhile, sources informed of active inquiries for homo-PP to the export market and the mainstream offers are...
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19 Feb 2021 SPVC k67-68 SPVC (A) k67-68

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Asian players expect firmer sentiment in the PVC market after USA outages

It is expected that these plants could take longer to recover from the unexpected shutdowns, which leave the market with a big supply gap.
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18 Feb 2021

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Saudi producer announces fresh PE offers to China with increases

Meanwhile, players believed that the uptrend is inevitable considering the widespread shutdown in the US that cause severe supply disruption.
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18 Feb 2021

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Indonesian producer lifts local PP and PE offers for the fifth time this week

As reported earlier, the hike is very much driven by the strong demand from international buyers, especially from Turkey and South American market.
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18 Feb 2021

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China: Auction sales result for Shenhua's coal-based PP and PE

Transactions are strong on the first trading day after the long holiday; however, the available quantities remain relatively small.
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18 Feb 2021

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China Morning Snapshot – 18 February 2021

Sentiment on the first trading day after the long Lunar New Year holiday is rather strong, driven primarily by the international market development over the past several days.
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