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News Insight & Analysis

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China: Auction sales result for Shenhua's coal-based PP and PE
05 Feb 2021 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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04 Feb 2021

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4 February 2021: Auction sales result for Shenhua's coal-based PP and PE

The producer continues to cut back on the allocation for auction toward the end of the week. Transactions are satisfactory for both PP and PE cargoes.
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03 Feb 2021

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Thai producer lifted HDPE offers to Vietnam on reduced availability

In spite of the firming trend across the region, Vietnamese buyers remain very cautious citing the approaching Lunar New Year holiday coupled with the new COVID-19 cases in the country.
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03 Feb 2021 SPVC k67-68

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Indonesian producer announced new PVC offers to the local market with increases

Meanwhile, players informed that demand from the pipe sector has somewhat weakened since the renewed COVID-19 related lockdown.
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