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News Insight & Analysis

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Asia ethylene market surged on tight spot availability, strong demand
24 Feb 2021 Players believed that downstream buyers would be able to accept higher ethylene prices, setting the foundation for the expectation that the current firming trend would sustain moving forward.
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23 Feb 2021

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Indonesian producer lifted local PP prices second time week, maintains PE

This is the second upward price adjustment from the maker this week, however, purchasing activities remain subdued as manufacturers are unable to accept the current high price levels.
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23 Feb 2021 PPH Raf

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Import homo-PP yarn to Indonesia shot above $1500/ton threshold amid sluggish demand

Although several buyers are willing to convince end-product customers to place new PO at the latest prices, it is undeniable that resistance is building up.
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23 Feb 2021

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

Transactions on the Shenhua auction platform dropped slightly this morning compared to the previous session as prices firmed up.
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23 Feb 2021

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China Morning Snapshot – 23 February 2021

Purchasing activities are weak though suppliers continue to implement fresh price hikes to reflect the low inventory pressure.
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22 Feb 2021

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Middle Eastern producers continue lifting import PP, PE offers to China

Many Chinese manufacturers who return to work on the first trading day of the week are caught in surprise by the latest offers.
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22 Feb 2021

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Malaysian producer drastically lifted March PP and PE offers to Indonesia

It is reported that a major Malaysian producer has announced fresh PP and PE offers for March loading to Indonesia with substantial increases.
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22 Feb 2021

insight

Local producer opens new PP, PE offers in Indonesia with additional increases

Demand in Indonesia has slowed down compared to the previous week as buyers are unable to accept the current prices.
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