China Morning Snapshot – 24 March 2020

23 Mar 2020

Malaysian maker slashes April PP and PE offers to Indonesia

The price cut in LDPE film is very much anticipated following the drastic reduction the producer introduced in the Vietnam market.

23 Mar 2020

However, purchasing interest remains very sluggish, as buyers have either completed replenishment or having low confidence in the near-term outlook.

23 Mar 2020

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

23 Mar 2020

Many toy manufacturers are facing orders canceling from USA and EU customers due to the escalating Covid-19 outbreak in these regions.

20 Mar 2020 PPH Raf

Earlier this week, the producer has also started selling in the local Vietnam market.

20 Mar 2020 LD Film

The Southeast Asian PE sector held pretty firm over the past several weeks due to the heavy maintenance shutdown at major plants within the region.

20 Mar 2020 SPVC k67-68

Purchasing interest in not very strong in this market as players are uncertain if the ROM would end in 14 days or would be extended.

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