Apr 24, 2026 4:19 p.m.
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News Insight & Analysis

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Middle Eastern suppliers cut import PP; PE offers to India as demand stalled
05 May 2021 As a result, import offers for Middle Eastern PP and PE cargoes dropped sharply, yet customers are not keen to proceed with purchases.
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05 May 2021 SPVC k64-65 SPVC k67-68

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Asian buyers expect sharp price cuts on June PVC offers

Market players are pointing to the fact that the COVID-19 outbreak in India cripples demand in this market, eroding export opportunities for international suppliers, especially from Taiwan, South Korea, Japan, and China.
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05 May 2021

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Another local producer announced May PE prices in Malaysia

Demand in Malaysia is weakening as the Ramadan holiday is drawing near and buyers prefer to hold off purchases with expectations of further reduction ahead.
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04 May 2021

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South Korean homo-PP fell below $1250/ton threshold in Vietnam

Buyers are patiently waiting for other sellers to adjust prices to similar levels, considering the lack of purchasing activities regionwide.
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04 May 2021

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Saudi Arabia producer down-adjusted PE offers for the third time to Vietnam

Even after three price cuts from the initial offers, Vietnamese buyers do not appear eager to make replenishment on the concerns of the near-term outlook.
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04 May 2021

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Indonesian producer rollovers PVC prices to the local market for May

The initial response from the market is not strong, partially due to the holiday mood ahead of the fast-approaching Ramadan holiday.
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04 May 2021

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Indonesian market embraces holiday mood; local sentiment wanes

Local suppliers have been cutting spot PP and PE prices since the beginning of the week to encourage demand, yet buyers would purchase no larger quantities than to cover the immediate needs.
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03 May 2021

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Local producer continues to cut PP and PE prices in Indonesia

Meanwhile, there have been reports that spot offers in the distribution market are more competitive at the moment, further distracting buyers from the producer’s price list.
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