The results underscore a targeted, need-based procurement strategy among converters seizing the final replenishment window before the Lunar New Year holidays, while broader speculative interest remains thin.
Another Saudi Arabian producer has unveiled sharply higher February PE offers to Southeast Asia, marking a clear step-up from the previous month as it taps into firmer sentiment in China and mounting supply-side risks.
A major Indonesian petrochemical producer raised its weekly polyolefin price list for the fourth consecutive week, prioritising alignment with a sustained regional rally over a recent recovery in the domestic currency.