Vietnamese homo-PP market races lower on weak demand

26 Oct 2022 On the other hand, several other local traders reported having reached the credit limit to open Letter of Credit, hence, might postpone all additional replenishments to further dates.

26 Oct 2022

Malaysia’s PrefChem started marketing on-spec HDPE cargoes in SEA

The producer started to offer out on-spec HDPE injection and HDPE film cargoes across the Southeast Asia market this week at relatively competitive price levels.

26 Oct 2022

China Morning Snapshot – 26 October 2022

Market sources said that producers are pushing stocks to the distribution market ahead of the month end closing, but real demand from manufacturers has not shown any major improvement.

26 Oct 2022

26 October 2022 - Shenhua's coal-based PP and PE Auction Results

The number of transactions recorded on Shenhua auction platform improved sharply compared to the previous day after the producer conceded to CNY100-120/ton discounts.

25 Oct 2022

South Korean homo-PP fell below $1000/ton mark in Vietnam, again

Secondly, the trading segment of the local market has been struggling with the tightening credit line from banks, hence, these buyers tend to be more prudent in selecting which cargo to purchase next.

25 Oct 2022

Chinese PE market extended the weakening trend as Zero-Covid bites

As of 17 October, 30 cities around the country were implementing various degrees of lockdowns or movement controls, affecting 225.1 million people, according to media reports.