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News Insight & Analysis

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Vietnamese buyers shy away from the heavy presence of Chinese homo-PP cargoes
08 Jan 2021 Demand for import homo-PP in Vietnam has been sluggish recently and buyers here further withdraw to the sideline today following a heavy influx of spot offers for Chinese cargoes.
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08 Jan 2021

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Saudi producer slashed PE offers substantially to Vietnam to conclude deals

A major Saudi Arabia producer has set the final PE prices to Vietnam on the last trading day of the week with drastic reductions from the initial price list.
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08 Jan 2021

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

While PE availability is limited, the producer allocated a larger than usual quantity for homo-PP.
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08 Jan 2021

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China Morning Snapshot – 08 January 2021

It is reported that transactions in the local ground are thin and buyers prefer to wait for larger cuts in the coming days.
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08 Jan 2021 Ethylene

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Asian ethylene market hits multi-year highs on the limited prompt supply

As reported earlier, several major crackers in South Korea and Japan are slated to restart by mid of January 2021 after the previous outages.
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07 Jan 2021 SPVC k67-68

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Indonesian producer lifted January PVC offers to local buyers

Finished product buyers are unable to accommodate the continuous hike in raw material prices.
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07 Jan 2021 PET Bottle PET Fibre

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Chinese producers lifted export PET bottle offers on the stronger upstream market

The increases in PET bottle offers are not welcomed by Southeast Asia customers, who are heavily concerned over the transportation issues.
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07 Jan 2021

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

It appears that Chinese buyers stocked up sufficient inventories for now, and prefer to wait for additional discounts before making additional purchases.
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