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News Insight & Analysis

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Indonesian homo-PP market track stable to firmer trend despite sluggish demand
08 Feb 2021 Both import and local homo-PP market in Indonesia suspended the softening trend this week as suppliers claimed having limited availability.
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08 Feb 2021

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

Transactions are mediocre on the first trading day of the week and it appears that the producer is not facing any pressure, reflected in the firm deal price levels.
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08 Feb 2021

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China Morning Snapshot – 08 February 2021

There have been reports that inventories on traders’ hands have piled up to about 70% warehouse occupancy over the past week.
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05 Feb 2021

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

The allocations for the auction remain smaller than usual, however, customers become more active in making purchases compared to the previous trading day.
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05 Feb 2021

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China Morning Snapshot – 05 February 2021

Trading activities in the local market has visibly weakened on the final trading day of the week as players have entered the holiday mood.
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04 Feb 2021 SPVC k64-65 SPVC k67-68

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Maintenance shutdown to keep Asian PVC market tight throughout the first quarter

Major Taiwanese producer – Formosa Plastics is scheduling shutdowns at two PVC plants in March and April.
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04 Feb 2021

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Import ABS extended the firming trend in SEA as upstream costs surged

However, players argued that the steep reduction in butadiene costs would somewhat balance the increases in styrene monomer.
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04 Feb 2021

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China Morning Snapshot – 04 February 2021

Sources said that manufacturers are now inactive and arbitrage traders continue to leverage the futures market situation.
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