Saudi producer announced PE offers to Southeast Asia with reduction

17 Dec 2019 Naphtha Ethylene

Negative margins encourage Asian naphtha cracking operators to cut run rates

OPEC and its allies have agreed to deepen oil output cuts in Q1-2020 by an extra 500,000 barrel/day would likely to elevate naphtha costs further.

17 Dec 2019

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

17 Dec 2019

Sellers continue to introduce minor cuts to encourage purchases before the market turn calmer toward the end of the month.

16 Dec 2019 SPVC k67-68

Sources believed that Chinese buyers would continue to accept the new prices despite the much reluctant stance from Indian customers.

16 Dec 2019

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

16 Dec 2019

Sentiment might continue to dim toward the end of the month now that the holiday mood is slowly kicking in.

13 Dec 2019 HD Film LL C4 Film

When it does not make economic sense to produce PE, the market started seeing a number of strategic shutdown across the region.

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