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News Insight & Analysis

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Local PP and PE offers in Indonesia continues to slide
10 May 2021 In the meantime, sources said that offers in the distribution market are more competitive, which could pressure the producer to further step back on the price list to attract buying interest.
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10 May 2021

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Import homo-PP to Vietnam hit new benchmark as the market persists on the downtrend

Several buyers have agreed to off-take larger quantities, concerning that the resilient upstream propylene market, coupled with the firm Chinese materials could support a rebound.
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10 May 2021

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Chinese suppliers slowdown homo-PP export on thinning margins

The firming local market contrast to the weakening sentiment in Southeast and South Asia, narrowing the opportunity window for Chinese suppliers to export cargoes to these markets with reasonable profit margins.
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10 May 2021

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China Morning Snapshot – 10 May 2021

Local producers maintain a firm stance on the prices claiming the low inventories pressure after the holiday, however, traders and distributors started to report resistance from buyers.
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10 May 2021

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Asian styrene market surged on better Chinese demand, tighter supply outlook

Besides the uneven demand from the various downstream sectors, the Asian styrene monomer market is also facing sluggish buying activities in India.
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07 May 2021

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China Morning Snapshot – 7 May 2021

Sources said that although spot PP and PE prices are not firming up as quickly as the Dalian Commodity Exchange, sales are relatively smooth.
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06 May 2021

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China market resumes working with positive sentiment

Several Chinese suppliers have complained about the rapid price deterioration in the nearby Southeast and South Asian market, which narrowing the export opportunity, especially for homo-PP.
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05 May 2021

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Middle Eastern suppliers cut import PP; PE offers to India as demand stalled

As a result, import offers for Middle Eastern PP and PE cargoes dropped sharply, yet customers are not keen to proceed with purchases.
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