18 Feb 2021
As reported earlier, the hike is very much driven by the strong demand from international buyers, especially from Turkey and South American market.
Transactions are strong on the first trading day after the long holiday; however, the available quantities remain relatively small.
Sentiment on the first trading day after the long Lunar New Year holiday is rather strong, driven primarily by the international market development over the past several days.
17 Feb 2021
A number of petrochemical producers along the US Gulf Coast have either experienced unit upset and flaring or declared force majeure following a winter storm that caused a widespread power outage and frozen water supply.
There have been reports that major Indonesian suppliers have been receiving a good number of inquiries from South American buyers at higher prices.
17 Feb 2021 PPH Inj PPH Raf
Supply from Vietnam might curtail in the coming week following a production issue at Nghi Son Refinery and Petrochemical’s plant.
09 Feb 2021
At the time of this report, the producer has set the final price for these cargoes at the offered levels, without any additional discount.
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