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News Insight & Analysis

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Banks reopened but Myanmar customer remains wary after the military coup
03 Feb 2021 It is reported that Myanmar buyers are very cautious at the moment, most prefer to wait on the sideline until the situation becomes more stable.
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02 Feb 2021

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Saudi Aramco announced February propane with increases

Propane is a primary feedstock used by propane dehydrogenation (PDH) operators in producing propylene monomer.
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02 Feb 2021 PPH Inj PPH Raf

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Import homo-PP to SEA continues to climb higher as sellers focus on other export destinations

There has been information that international suppliers are focusing on the European and Latin American markets due to the severe supply shortages in these regions that lead buyers to accept import homo-PP cargoes at much higher prices.
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02 Feb 2021

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

Transactions on the auction platform weakened significantly this morning, underlining the reluctant stance among local buyers as the holidays draw near.
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02 Feb 2021

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China Morning Snapshot – 02 February 2021

Several traders informed of receiving not a single inquiry through the morning session regardless of the lower prices.
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01 Feb 2021

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Tighter supply outlook continues to support LDPE market in China

At least three major local LDPE producers in China have announced maintenance schedules between March and April 2021.
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01 Feb 2021

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Taiwanese major lifted March PVC offers to Asia

It is expected that acceptance among Indian customers would remain strong due to the fact that the offers are still below the current market levels in the local ground.
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01 Feb 2021

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Local producer continues lowering spot PP and PE offers in Indonesia

There are limited changes in terms of demand in Indonesian market and local traders here are offering well below the producer’s price list.
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