Saudi maker announced December PP, PE offers to China

30 Nov 2020 Chinese buyers seem more cautious in accepting the new offers claiming that the current prices are above acceptable levels.

30 Nov 2020

Saudi Aramco announced propane prices to Asia for December shipment

The price provides a benchmark against which Middle East sales of liquefied petroleum gas (LPG) to Asia are priced.

30 Nov 2020

S. Korean PP offers surged in Vietnam; shipment to delay due to container shortage

It is expected that buyers would turn to the local ground to source the needed quantities for the concerns that import cargoes would delay amid the containers and vessel shortage across Asia.

30 Nov 2020

Local Indonesian producer maintains spot PP and PE offers stable to firm

A number of converters decided to postpone purchases until end-product buyers show acceptance toward the hike in costs.

30 Nov 2020

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

The producer reduced the available quantity for auction drastically citing the month-end closing.

30 Nov 2020

China Morning Snapshot – 30 November 2020

Chinese players are waiting for local producers to open December delivery offers, which are likely to follow the stable to firmer trend with the support from the low inventory pressure.