South Korean producer steps back on ABS offer to Southeast Asia

18 Dec 2020 Demand for ABS in Southeast Asia has been soft over the past several weeks as buyers are unable to transfer the rapid hike in raw material costs to end-products selling prices.

18 Dec 2020

Indian producer continues lifting local PVC prices as demand slightly softens

While the price adjustment reflects the general market trend, sources said that the actual transactions in the distribution market are at much higher levels.

18 Dec 2020

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

With additional reduction on the deal prices, the number of transactions remain satisfactory on the final trading day of the week.

18 Dec 2020

China Morning Snapshot – 18 December 2020

Spot offers gain CNY50-100/ton; however, most deals are done at the same levels in the previous day.

18 Dec 2020

Another Saudi producer opened January PP and PE offers to SEA and China

In Vietnam, players are puzzled by the large location gap with China, especially for homo-PP cargoes with a $140/ton difference.

17 Dec 2020

Saudi producer offers larger than expected discount on PE cargoes to Vietnam

Sources informed that the suppliers initially refused to offer any discount citing the lack of availability, yet finally stepped back due to intensifying resistance from the market.