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News Insight & Analysis

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UPDATE: Regional and international PP producers enter maintenance season
19 Mar 2021 India is expected to see local supply substantially curtail for the period April to May in the absence of major local producers.
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19 Mar 2021

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Taiwanese ABS inched higher in Vietnam, shrugging off falling styrene monomer

Styrene monomer price peak out on 8 March 2021 and constantly weakening since then, shedding $189/ton along to way to $1117/ton FOB South Korea as of 18 March 2021.
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19 Mar 2021

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Chinese traders: Local PP and PE market improved after price reductions

Having said so, players are concerned over the local supply outlook in the coming month, especially for PE due to the lack of import arrivals.
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19 Mar 2021

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

The deal prices have softened compared to the previous trading day, however, buyers are still not very active in making replenishment.
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19 Mar 2021

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China Morning Snapshot – 19 March 2021

Customers continue to source the needed quantity from arbitrage traders, whose offers remain below the producer’s price list.
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18 Mar 2021

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South Korean producer slashes import PP offers to Vietnam

Vietnamese buyers remain calm to assess the market outlook before making the decision, however, mostly expected further price reductions.
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18 Mar 2021

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

Buyers seem more confident in making new purchases today as the deal prices move lower from the previous session.
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18 Mar 2021

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China Morning Snapshot – 18 March 2021

While local producers decided to maintain spot PP and PE prices unchanged, it is reported that traders are open to negotiation with serious buyers.
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