29 Jun 2020
Regardless of the heavy flood in the Southern area, players continue to hold a bullish expectation for the near-term outlook due to the lack of inventories pressure.
25 Jun 2020
Other suppliers offering near-by cargoes are attempting to hold a firm stance on both HDPE and LLDPE film cargoes around $880-900/ton CIF Vietnam.
25 Jun 2020 PPH Raf
The market is hinged between supply tightness and increasing resistance from buyers. Both sides of the market are currently on the wait and see position hoping the other side would give in.
Holiday Notice
24 Jun 2020
It is reported that PT Chandra Asri Petrochemical has been facing difficulties in restarting one of its LLDPE lines following an unexpected shutdown last week.
At the moment, import LDPE film is returning to the pre-pandemic levels, maintaining a gap of more than $100/ton over LLDPE film.
Trading activities on the auction platform hold steady on the final trading day of the week, especially for homo-PP and LLDPE cargoes.
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