21 Jan 2026
At least two major Saudi Arabian producers have released February PE shipment offers to Vietnam this week, surprising the market with more conservative pricing than widely anticipated.
21 Jan 2026 PET Bottle
The Indonesian PET bottle market climbed to a 13-month high in the week ended 21 January 2025, buoyed by tightening spot availability and a sharp depreciation of the rupiah against the US dollar.
China’s domestic market opened 21 January in a guarded mood, with spot activity muted as participants balanced uneven futures cues against the fading momentum of the earlier rebound.
20 Jan 2026
Second, the market is currently experiencing “buyer's exhaustion." After two weeks of aggressive pre-holiday restocking, many converters and traders find their inventories sufficiently covered
Market participants linked the subdued participation to cautious spot-market sentiment, compounded by recent futures pullbacks that have restrained appetite among larger buyers.
The Chinese PP export market opened the week on a softer footing, with at least two major producers trimming offers in response to a continued cooling in domestic sentiment.
The persistent downturn in futures triggered another round of spot price cuts by local producers, broadly tracking the futures weakness. LLDPE film bore steeper concessions than homo-PP
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