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News Insight & Analysis

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China Morning Snapshot – 22 December 2020
22 Dec 2020 Sources said that the market would remain rangebound toward the end of the week as the holiday mood kicks in.
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21 Dec 2020

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Vietnamese LDPE film market entered correction as re-export cargoes emerged

Chinese converters are slowing down purchases because of multiple factors, including environmental control, electricity shortage, and also the lack of feeder vessels in Southern China that cause major logistic constraints.
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21 Dec 2020

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Major Malaysian producer continues lifting PP and PE offers to Indonesia

The latest hikes elevate the offers to the current market levels, especially for LDPE cargoes, however, demand in Indonesia has been steadily declining as resistance builds up.
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21 Dec 2020

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Indonesian producer keeps PP, PE prices stable amid thin demand

A reported earlier, many small-scale manufacturers in the injection sector are allowing worker to take off for holiday starting 20 December to 4 January 2021 in order to recalibrate the costs and profits.
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21 Dec 2020

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China: Auction sales result for Shenhua's coal-based PP and PE

The availability for homo-PP is much better than the previous week, however, transactions are weak partially due to the higher price levels the producers set for this grade.
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21 Dec 2020

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China Morning Snapshot – 21 December 2020

Players are rather concerned over the new COVID-19 strain found in Europe, which could trigger tighter lockdown in this market and restraint end-product demand.
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18 Dec 2020

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South Korean producer steps back on ABS offer to Southeast Asia

Demand for ABS in Southeast Asia has been soft over the past several weeks as buyers are unable to transfer the rapid hike in raw material costs to end-products selling prices.
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18 Dec 2020

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Indian producer continues lifting local PVC prices as demand slightly softens

While the price adjustment reflects the general market trend, sources said that the actual transactions in the distribution market are at much higher levels.
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