Singaporean PE extended the firming trend in China

15 Feb 2022 The increases are very much expected, however, the domestic spot market has yet to regain any strength this week following the constant declines the week before.

15 Feb 2022

China Morning Snapshot – 15 February 2022

There have been market talks that Sinopec has also cut operating rates, however, CommoPlast has not been able to verify the information at the time of this report.

14 Feb 2022

[FREE] 14 February 2022 - Shenhua's coal-based PP and PE Auction Results

Trading sentiment on Shenhua Auction Platform picks up significantly on the first trading day of the week on strong crude oil prices, lower availability and prices.

14 Feb 2022

Statistics: Chinese local petchem outputs continue to rise in January

Among the grade, LLDPE outputs surged above the 1 million tons threshold for the first time in history.

14 Feb 2022

Local PP, PE offers in Indonesia continue to gallop higher

There have not been any major changes in terms of demand. Manufacturers prefer to wait on the sideline amid the difficulties to secure new PO for finished goods at the new price levels.

14 Feb 2022

Key Taiwan producer postpones March PVC prices announcement

With crude oil hovering around the highest levels in seven years over the supply concerns and potentially hitting three digits moving forward on surging demand from easing COVID-19 restrictions, petrochemical producers are facing higher production costs.