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Vietnam’s Nghi Son plans PP maintenance

The 400,000 tons/year plant will be taken offline in November…

  • 22.08.2019

Vietnam’s import PP raffia market hits lowest since late 2016

Data from ChemOrbis Price Index reveal that the weekly average of import homo-PP raffia prices on CIF Vietnam basis has recently hit its lowest level since December 2016 as the market has remained in the downtrend in the face of muted demand...

  • 22.08.2019

Export PET prices from China signal stabilization after 6 weeks of declines

Players in the Asian PET markets began exercising caution late last week, with several considering the possibility that the current downturn may be coming to an end after a six-week period of consecutive declines...

  • 20.08.2019

Vietnamese producer raises local PVC offers for Sept

Tight local supplies pushed new PVC K67 offers higher…

  • 19.08.2019

SEA PE market remains under pressure from flood of competitive US offers

Southeast Asia’s PE markets have been receiving an increasing number of US offers since China started to impose %25 tariffs on LLDPE and HDPE imports from the US in August 2018. US producers have raised their shipments to the region, particularly to Vietnam, to compensate for loss of market share in China...

  • 19.08.2019

Indonesian and Thai producers lift Sept PVC prices to SEA

The recent hike announcements came after a Taiwanese major lifted its September offers to Asia...

  • 16.08.2019

Local PE, PP prices continue lower in Vietnam

LDPE had bucked the broader local downtrend earlier on tight supply but this seems to have eased...

  • 16.08.2019

Naphtha hits lowest of 2 years in Europe, 8 months in Asia; eyes on oil

Spot naphtha prices have been falling since early July both in Asia and Europe with cumulative losses reaching 15-16%. The recent levels suggest the lowest levels of 2 years in Europe and 8 months in Asia, according to the weekly average of ChemOrbis Price Index...

  • 13.08.2019

Asia’s September PVC outlook takes shape amid dwindling supplies

While players in Asia’s PVC markets have wrapped up their August business with decreases of $30/ton, the September outlook begins to take shape in the midst of tighter supplies, currency devaluations and a few other factors that may play a role in the decision-making process of suppliers...

  • 08.08.2019

Local HDPE, LLDPE film prices soften; LDPE remains firm in Vietnam

Thin demand weighs on LLDPE and HDPE while low regional supplies keep LDPE firm...

  • 06.08.2019

Thin demand, volatile styrene keep SE Asia PS market under pressure

Southeast Asia’s import PS market has remained on a stable to softer note as the bearish sentiment persists in the face of tepid demand and the continuing volatility in the spot styrene market...

  • 02.08.2019

Vietnamese producer reveals local PVC offers for Aug

New PVC K67 offers indicated decreases on the month…

  • 29.07.2019

Asia ABS prices soften going into August

Pressure on the market comes from a number of key developments led by lower styrene prices...

  • 24.07.2019

Vietnam PP market yet to respond to faltering upturn in China

According to ChemOrbis Price Index, Vietnam’s local and import homo-PP markets extended gains into the fourth week after bottoming out in mid-June. Players are now wondering whether the firming trend in Vietnam will be sustained as the sentiment in China PP market has faltered recently...

  • 22.07.2019

Vietnam readies for first integrated petchem complex in country

Long Son petrochemicals complex is on schedule to start up in 2023…

  • 18.07.2019

Vietnam’s local PE, PP prices extend gains into fourth week

Traders cited regional demand and low inventories as key factors...

  • 17.07.2019

TPC Vina Plastic plans PVC maintenance in Vietnam

The unit will be shut in August for around 10 days...

  • 04.07.2019

Vietnam’s PE market sees first hike attempts after two months

In Vietnam, PE prices were on a mostly bearish trend since late April due to thin buying interest and ample availability. However, some suppliers have slightly lifted their import offers recently ,citing the recovering sentiment in China PE market, the improvement in demand and higher energy costs...

  • 03.07.2019

Operating conditions in ASEAN deteriorate in June

The headline PMI slipped into contraction territory...

  • 01.07.2019

Will low ABS demand in Asia outshine cost-driven hikes?

Negative margins on the side of ABS makers coupled with higher spot butadiene prices in Asia helped import prices gain ground starting from mid-June in China. Southeast Asian ABS markets, however, have been unresponsive to the recent firming mainly due to discouraging buying appetite...

  • 28.06.2019

EU and Vietnam to sign free trade agreement

The agreement will eliminate 99% of all tariffs on both sides…

  • 25.06.2019

Asian ethylene-naphtha spread at almost 7-year low

The price spread between the weekly average prices of Asian spot ethylene and naphtha has narrowed to its lowest level since 2012 this week amid 10-year-low ethylene pricing, data from ChemOrbis Price Wizard showed...

  • 25.06.2019

Vietnamese producer reveals local PVC offers for July

New offers represented increases from last month…

  • 18.06.2019

US HDPE film prices break $1000 threshold in Vietnam

Buyers are limiting purchases in anticipation of seeing further price cuts...

  • 13.06.2019

Japanese producer reveals July PVC prices to Asia

New offers from Japan see monthly increases of $10-40/ton...

  • 12.06.2019

975 record found.
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