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News Insight & Analysis

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Maintenance shutdown to keep Asian PVC market tight throughout the first quarter
04 Feb 2021 Major Taiwanese producer – Formosa Plastics is scheduling shutdowns at two PVC plants in March and April.
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04 Feb 2021

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Import ABS extended the firming trend in SEA as upstream costs surged

However, players argued that the steep reduction in butadiene costs would somewhat balance the increases in styrene monomer.
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04 Feb 2021

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China Morning Snapshot – 04 February 2021

Sources said that manufacturers are now inactive and arbitrage traders continue to leverage the futures market situation.
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04 Feb 2021

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4 February 2021: Auction sales result for Shenhua's coal-based PP and PE

The producer continues to cut back on the allocation for auction toward the end of the week. Transactions are satisfactory for both PP and PE cargoes.
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03 Feb 2021

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Thai producer lifted HDPE offers to Vietnam on reduced availability

In spite of the firming trend across the region, Vietnamese buyers remain very cautious citing the approaching Lunar New Year holiday coupled with the new COVID-19 cases in the country.
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03 Feb 2021 SPVC k67-68

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Indonesian producer announced new PVC offers to the local market with increases

Meanwhile, players informed that demand from the pipe sector has somewhat weakened since the renewed COVID-19 related lockdown.
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03 Feb 2021

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

Transactions remain mediocre on the auction platform this morning as more players have left for the holidays.
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03 Feb 2021

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China Morning Snapshot – 03 February 2021

However, arbitrage traders continue to leverage the firming Dalian Commodity Exchange to make last minutes earnings before the holidays kickstart.
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