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News Insight & Analysis

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China Morning Snapshot – 19 February 2021
19 Feb 2021 Meanwhile, sources informed of active inquiries for homo-PP to the export market and the mainstream offers are...
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19 Feb 2021 SPVC k67-68 SPVC (A) k67-68

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Asian players expect firmer sentiment in the PVC market after USA outages

It is expected that these plants could take longer to recover from the unexpected shutdowns, which leave the market with a big supply gap.
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18 Feb 2021

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Saudi producer announces fresh PE offers to China with increases

Meanwhile, players believed that the uptrend is inevitable considering the widespread shutdown in the US that cause severe supply disruption.
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18 Feb 2021

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Indonesian producer lifts local PP and PE offers for the fifth time this week

As reported earlier, the hike is very much driven by the strong demand from international buyers, especially from Turkey and South American market.
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18 Feb 2021

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

Transactions are strong on the first trading day after the long holiday; however, the available quantities remain relatively small.
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18 Feb 2021

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China Morning Snapshot – 18 February 2021

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.
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17 Feb 2021

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Polyolefins producers affected by severe weather condition in the USA

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.
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17 Feb 2021

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Indonesian maker up-adjusted PP, PE prices the fourth time this week

There have been reports that major Indonesian suppliers have been receiving a good number of inquiries from South American buyers at higher prices.
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