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News Insight & Analysis

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Overseas suppliers give higher price indications to China as market is about to reopen
06 Oct 2021 All eyes are on the Chinese government’s ability to ease the electricity crunch in the country that has been affecting operating rates across the manufacturing sector over the past months.
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06 Oct 2021

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Local producer up-adjusts PP, PE offers twice-a-day again in Indonesia

Amid the continuous rising offers from the local producer, it appears that the domestic market has reached a gridlock.
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06 Oct 2021

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Indonesian customers shy away from the heated local PP, PE market

While buyers are taking a breather to weigh the input and output prices, Indonesian traders decided to limit the selling quantity on the heavy concerns over the high replenishment costs ahead.
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05 Oct 2021

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Indonesian customers: Mild panic buying in LLDPE market as supply tightened

The Indonesian LLDPE film market would have to depend heavily on the local productions moving forwards, giving domestic producers an upper hand in price negotiations.
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05 Oct 2021

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Another two price adjustments in a day from a local producer in Indonesia

However, small-scale LLDPE buyers are rushing to make additional replenishment, accepting the new hikes following news on the force majeure at an LLDPE line belong to Thailand’s PTT.
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04 Oct 2021

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Local producer moderately lifted October PP, PE offers in Malaysia

Demand in Malaysia remains mediocre even though the government has eased the COVID-19 lockdown measures to allow the manufacturing sector to ramp up operating rates as vaccination rates increased.
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04 Oct 2021

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Local producer continues lifting PP, PE offers in Indonesia

There have been reports that local suppliers are offering larger discounts compared to last week for cash payment, indicating the softer buying sentiment.
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04 Oct 2021

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Import PP, PE to Vietnam extends the uptrend amid thin demand

While the bullish sentiment spreads across Southeast Asia, there is the undeniable presence of caution. Market participants remain unsure on how the coal and electricity shortages in China would play out in the post-National Day holiday period.
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