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News Insight & Analysis

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A confluence of negativities dries out the steam of the rally in import PE to China
22 Apr 2020 The ethylene costs are at historical lows as supply remains ample amid dwindled purchasing interest from most downstream markets.
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21 Apr 2020

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Southeast Asia market stalled as oil plunged to historical lows

A number of buyers decided to suspend spot purchases to wait for a clearer market direction.
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21 Apr 2020

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

Shenhua Baotou Coal Chemical Co is currently the largest coal-based polyolefins producer in China, operates under four subsidiaries.
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21 Apr 2020

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China Morning Snapshot – 21 April 2020

Both side of the market participants are withdrawing to the sideline to assess the outlook before engaging in new purchases.
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20 Apr 2020 SPVC k67-68

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Taiwanese makers slashes May PVC offers to Asia market

Due to the nationwide lockdown in India until 3 May 2020, the producer reportedly skips all offerings to this market this time.
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20 Apr 2020

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Saudi major cuts PE offers to Vietnam, Indonesia

A Saudi Arabia producer has pioneered price reduction in May shipment to the Southeast Asia market on the back of sluggish demand.
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20 Apr 2020

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Malaysian major continues slashing PP, PE offers to Indonesia

This is the third consecutive reduction since February 2020 as the regional demand weakened by the pandemic.
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20 Apr 2020

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Local Indonesia PP and PE market continue to slide on weak demand

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.
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