20 Apr 2020
A Saudi Arabia producer has pioneered price reduction in May shipment to the Southeast Asia market on the back of sluggish demand.
This is the third consecutive reduction since February 2020 as the regional demand weakened by the pandemic.
It is important to note that the producer has started to offer metallocene PE grades in the local market following the expansion at the downstream units in 2019.
Shenhua Baotou Coal Chemical Co is currently the largest coal-based polyolefins producer in China, operates under four subsidiaries.
Traders are expecting another round of replenishment in the coming days before the Labour Day holiday.
17 Apr 2020 LL C4 Film
It appears that prices above the $800/ton for LLDPE film can no longer work as the market loses momentum.
17 Apr 2020
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