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News Insight & Analysis

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Import homo-PP to Vietnam hit new benchmark as the market persists on the downtrend
10 May 2021 Several buyers have agreed to off-take larger quantities, concerning that the resilient upstream propylene market, coupled with the firm Chinese materials could support a rebound.
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10 May 2021

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Chinese suppliers slowdown homo-PP export on thinning margins

The firming local market contrast to the weakening sentiment in Southeast and South Asia, narrowing the opportunity window for Chinese suppliers to export cargoes to these markets with reasonable profit margins.
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10 May 2021

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China Morning Snapshot – 10 May 2021

Local producers maintain a firm stance on the prices claiming the low inventories pressure after the holiday, however, traders and distributors started to report resistance from buyers.
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10 May 2021

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Asian styrene market surged on better Chinese demand, tighter supply outlook

Besides the uneven demand from the various downstream sectors, the Asian styrene monomer market is also facing sluggish buying activities in India.
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07 May 2021

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China Morning Snapshot – 7 May 2021

Sources said that although spot PP and PE prices are not firming up as quickly as the Dalian Commodity Exchange, sales are relatively smooth.
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06 May 2021

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China market resumes working with positive sentiment

Several Chinese suppliers have complained about the rapid price deterioration in the nearby Southeast and South Asian market, which narrowing the export opportunity, especially for homo-PP.
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05 May 2021

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Middle Eastern suppliers cut import PP; PE offers to India as demand stalled

As a result, import offers for Middle Eastern PP and PE cargoes dropped sharply, yet customers are not keen to proceed with purchases.
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05 May 2021 SPVC k64-65 SPVC k67-68

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Asian buyers expect sharp price cuts on June PVC offers

Market players are pointing to the fact that the COVID-19 outbreak in India cripples demand in this market, eroding export opportunities for international suppliers, especially from Taiwan, South Korea, Japan, and China.
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