09 Dec 2024
09 Dec 2024
A key Indonesian producer has announced weekly PP and PE offers to the domestic spot market, and surprisingly, the suppliers maintained LLDPE offers largely unchanged despite the recent 50% cut in contract allocations for December.
09 Dec 2024
Weak macroeconomic data has led to heightened calls for additional policy stimulus in December. However, Chinese buyers, drawing from past experiences, are cautious about speculating on potential support measures ahead of the upcoming Central Economic Work Conference.
09 Dec 2024
06 Dec 2024
From a supply perspective, availability across Southeast Asia remains constrained due to ongoing production disruptions at key regional facilities. Meanwhile, in China, major domestic producers Sinopec and CNPC successfully reduced their combined stockpile to 610,000 tons as of December 6
06 Dec 2024 PET Bottle
Despite the tepid local market, Chinese sellers raised export offers, capitalizing on rising crude oil prices and increased interest from overseas buyers attracted to previously low price levels. While sellers are not confident enough to raise the upper-end of the overall price range, the lower-end gained $10/ton
06 Dec 2024
