21 Jan 2021 Ethylene
Sources said that regional ethylene buyers are now waiting on the sideline for additional reductions in the near term citing the weak downstream PE and styrene monomer markets.
20 Jan 2021
The Thailand producer is not the only supplier that attempted to test the import market on the back of the active local ground.
Players expected the import arrival to fall sharply throughout the first quarter of 2021 given the lack of replenishment activities in December.
Shenhua Baotou Coal Chemical Co is currently the largest coal-based polyolefins producer in China, operates under four subsidiaries
Several sellers started to forward selling cargoes for February delivery, however, limited buying interest observed in the market.
It appears that most export-oriented manufacturers might be operating well close to the Lunar New Year due to good end-product orders.
19 Jan 2021
The latest price cut does not appear attractive enough to stimulate strong purchasing activities and manufacturers are more enthusiastic to make replenishment than traders.
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