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News Insight & Analysis

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Malaysian producer drastically lifted local PP, PE offers for March delivery
26 Feb 2021 Such movement is observed across the Southeast Asia region as manufacturers prefer to secure new PO for end product before proceeding with new replenishment.
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26 Feb 2021

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Local producer in Indonesia adjusts PP, PE prices for the third time this week

Purchasing interest is gradually softening as manufacturers take a step back to negotiate with end-product buyers on the new raw material prices.
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26 Feb 2021

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Indonesian PET market extended the firming trend on tight supply, resilient upstream

Apparently, Indonesian buyers are not ready to accept the new PET bottle offers citing the inability to transfer the high raw materials costs to the end product selling prices.
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26 Feb 2021

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

There have not been any major changes in term of trading activities in today’s session though availability for LLDPE remain healthy.
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26 Feb 2021

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China Morning Snapshot – 26 February 2021

Tt appears that Chinese sellers continue to focus on the export market, offering even PP block copolymer cargoes.
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25 Feb 2021

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

Sources reported that the higher allocation for LLDPE is because of the weaker demand in the spot market in northern China.
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25 Feb 2021

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China Morning Snapshot – 25 February 2021

Purchasing activities during the early trading hours are sluggish.
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24 Feb 2021

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Thailand producer lifted import PE offers to Indonesia, sold-out allocation

It appears that buyers are having very limited negotiation power due to the supply tightness.
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