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News Insight & Analysis

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Local sentiment improves slightly in China but import PE mostly move lower
13 Jan 2021 Sources do not expect the LDPE film market to register any drastic upswing in the near term after hitting multi-year high levels in December 2020.
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13 Jan 2021

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

The number of deals concluded remains healthy in today’s auction session despite the slightly higher prices.
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13 Jan 2021

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China Morning Snapshot – 13 January 2021

Players remain cautious about the near-term outlook amid the spreading COVID-19 related lockdown that restricts the movement of goods this week.
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12 Jan 2021

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Taiwanese major lifted February PVC offers to Asia market

It is expected that Indian customers would off-take the quantity quickly given the relatively stronger demand condition in this market.
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12 Jan 2021 PET Bottle

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Local PET market in Indonesia firm up despite the softening demand

A major local PTA plant in Indonesia is scheduled to shut down in March 2021 for approximately three (3) weeks for maintenance, creating more upward pressure on the market.
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12 Jan 2021

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

As prices inch lower compared to the previous day, the number of deals concluded have also improved
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12 Jan 2021

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China Morning Snapshot – 12 January 2021

Suppliers continue to cut prices despite the larger than expected inventories digestion in the local ground due to the lack of confidence in the near-term outlook.
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11 Jan 2021

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Local producer slashed PP, PE offers in Indonesia

Local demand in Indonesia has been relatively weak since the beginning of the year as manufacturers continue to face difficulties to implement any increases on end-product prices
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