Vietnam’s PE market opened the week on a softer footing after two major Saudi Arabian producers issued December loading offers with reductions. Even so, conversations among buyers and traders have increasingly turned to whether the market may be nearing a cyclical floor.
Attention has shifted to methanol supply disruptions in Iran, where gas shortages have curtailed output. Market participants are watching operating rates at domestic methanol-to-olefin (MTO) plants closely
The Indian PVC market is preparing for a fresh round of volatility after a major domestic producer reduced local PVC offers by INR 3,000/ton ($34/ton) earlier this week and introduced a price protection scheme
China’s carbide-based PVC market softened further this week, with export offers edging $5/ton lower and domestic spot prices slipping by around CNY 50/ton.
India has decided against imposing anti-dumping duties on polyvinyl chloride (PVC) imports from seven countries, concluding that the measure would not be in the public interest.
A major Middle Eastern producer rattled the Chinese PE market this week by cutting LDPE film offers below the $1,000/ton mark for the first time in 2025.
Rabigh Refining and Petrochemical Company (PetroRabigh) has completed arrangements to transfer the marketing rights of its products from Sumitomo Chemical Co Ltd (Sumitomo) and its affiliates to Saudi Arabian Oil Company (Saudi Aramco) and its affiliates.
Across Southeast Asia, Indonesia stands out as the region’s most resilient PP market. In contrast, Malaysia’s domestic prices continued to soften
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