Malaysian producer lifted April PP, PE offers to local market sharply

29 Mar 2021 Malaysian market previously enjoyed comfortable availability of USA materials at local hubs, however, the absence of these cargoes for a prolonged period deprives buyers in this market of other choices but to seek local cargoes.

29 Mar 2021

Indonesian producer maintains PE offers unchanged, reducing PP on weak demand

The new offers see an additional price reduction on PP cargoes as a result of weak demand and the continued weakening trend in the import ground.

29 Mar 2021

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

Transactions on the Shenhua auction platform remain healthy on the first trading day of the week in spite of the firmer price levels.

29 Mar 2021

China Morning Snapshot – 29 March 2021

Traders continue to face difficulties to conclude deals as buyers await further reports on the Suez Canal incident.

29 Mar 2021

Asia butadiene market plunged despite shutdowns in China

The Asian butadiene market plunged sharply on 26 March 2021 on the back on falling demand and growing supply from Southeast Asian and Indian suppliers.

26 Mar 2021

Indonesian PET market continues to fall on weakening upstream costs

Market sources said that suppliers from Taiwan and South Korea might pay more attention to the EU market due to the import duty advantage, easing pressure on the Southeast Asian region.