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
06 Dec 2024
05 Dec 2024 PPBC Inj
Indonesia implemented an annual import quota system for PPBC in 2022, requiring importers to renew quotas by the end of each year. To avoid customs clearance complications, buyers typically refrain from taking delivery of cargoes arriving during this critical year-end period.
