China Morning Snapshot – 07 May 2020

07 May 2020 Trading activities in the domestic spot market hold largely steady despite the additional price increments.

06 May 2020

China PP and PE market extends the firming trend in the post-holiday term

It is reported that domestic spot offers for PP jumped as much as CNY150/ton ($21/ton) from the previous week while PE prices increased CNY150-200/ton.

06 May 2020

China Morning Snapshot – 6 May 2020

Buyers are scouting the market for competitive cargoes following the latest round of price hike from major local producers.

05 May 2020 PET Bottle

Indonesia’s PET market continues to slide on tepid demand

PET preforms manufacturers serving the bottled beverage sector informed that end product orders have dropped substantially from the mid of April.

05 May 2020 SPVC k64-65 SPVC k67-68

Asian players: Regional PVC market might be nearing the bottom

Thailand makers are facing severe draught and salted water that might cause production disruptions moving forward, which would tighten supply from this origin regardless of the COVID-19 outbreak here.

04 May 2020 PPH Inj PPH Raf

Vietnam PP market resumes working on a steady note

A number of traders reported having received good inquiries from domestic buyers, signaling that the market is on track to recover from the COVID-19 outbreak.

04 May 2020

Local producer down adjusted PP and PE prices on the exchange rate in Indonesia

While the price list appears very competitive against the import cargoes, local buyers reported having received even lower offers from the distribution market.

30 Apr 2020

Saudi Aramco announced May propane shipment offers with a large hike

In the previous month, the producer slashed prices by $200/ton to attract purchasing interest.

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