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News Insight & Analysis

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Vietnam overtook Thailand to be the largest homo-PP supplier to Indonesia in 2022
12 Dec 2022 Indonesian customers used to have a wider choice of supply with the Government Borne Import Duty (BMDTP) scheme that allowed importers to buy cargoes from dutiable origins at 0% duty.
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12 Dec 2022

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Indonesian producer lifts PP offers for the second time in three days, PE unchanged

Indonesian customers are puzzled over the two back-to-back price hikes as the demand in the country has been constantly declining over the past weeks.
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12 Dec 2022

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China Morning Snapshot - 12 December 2022

Key PP and LLDPE contracts on Dalian Commodity Exchange ended the morning session with drastic gains as investors ride on the wave of speculations that the easing COVID-19 controls would put the Chinese health care system to a test
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12 Dec 2022

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12 December 2022 - Shenhua's coal-based PP and PE Auction Results

Chinese bidders actively procure cargoes on the Shenhua auction platform following a sharp increase in futures trading.
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09 Dec 2022

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Southeast Asian PVC suppliers aggressively lifted January offers to Malaysia

As discussed earlier, Asian market participants generally expected the current rebound trend to persist in the next couple of months as suppliers are free from sales pressure after achieving strong sales results in India over the past weeks.
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09 Dec 2022

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Higher import Chinese PET faces stiff resistance in Indonesia

While the reopening in China has been fueling expectations for a strong revival of demand in the coming months, overseas customers remain cautious due to the gloomy global economic outlook
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09 Dec 2022

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China Morning Snapshot - 09 December 2022

Following the drastic easing of COVID-19 controls, market players expect municipal governments to introduce stimulus packages to push consumption ahead of the Lunar New Year.
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09 Dec 2022

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9 December 2022 - Shenhua's coal-based PP and PE Auction Results

Market participants said that the strong auction results clearly indicated the ongoing restocking activities, though buyers remained selective in terms of prices.
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