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

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

18 Feb 2021

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.

18 Feb 2021

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.

18 Feb 2021

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.

18 Feb 2021

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.

17 Feb 2021

Polyolefins producers affected by severe weather condition in the USA

A number of petrochemical producers along the US Gulf Coast have either experienced unit upset and flaring or declared force majeure following a winter storm that caused a widespread power outage and frozen water supply.