Local PP, PE offers in Indonesia mixed, thin trading activities

31 May 2021

China Morning Snapshot – 31 May 2021

Sources said that most local producers are in mid of the month-end closing, therefore, not actively giving new offers.

28 May 2021

As inventory pressure continues to decline, major local producers decided to maintain a firmer stance on the spot PP cargoes.

28 May 2021

Transactions for homo-PP remain dwindling on the final trading day of the week as prices inch higher compared to the previous session

27 May 2021

Chinese traders become more active in exploring re-export opportunities for South Korean PP block copolymer to Southeast Asia market.

27 May 2021

Buying interest for homo-PP remains dwindled toward the end of the week as deal prices inched slightly higher than the previous session.

26 May 2021

Buyers remain conservative about fresh purchases on the concerns that further reductions would become inevitable moving forward.

26 May 2021 PPH Raf

In spite of the better acceptance at the new price levels, Chinese buyers maintain a conservative stance over the near-term outlook.

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