Posts Tagged ‘southeast-asia’

Higher costs, firmer regional trends push PE prices higher in SE Asia

Players in Southeast Asia report that PE prices moved higher over the past week in accordance with stronger regional trends and higher upstream costs, as per ChemOrbis.

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SE Asia?s PVC demand picks up following July decreases

Players in Southeast Asia report that PVC demand has picked up this month despite July not usually being a a good month in terms of PVC demand in the region, as per ChemOrbis. Many buyers who had elected to stay away from the market in June have returned following the steep July decreases implemented in the region?s local markets. The recent upward movement in upstream costs was also cited as a factor supporting healthier PVC demand as many players feel that the market is close to the bottom of its current declining trend.

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PE buyers in SE Asia expect to see softer prices in May

In Southeast Asia, PE players had mixed views in H1-April regarding the outlook for May. Material had been tight for some of the PE products in several of the countries, with some of the local producers working hard to clear backlogs, as per ChemOrbis.

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Local PE prices track import prices higher in SE Asia

This week, local PE prices in Southeast Asia moved higher, following the increases in import prices on announcement of higher March prices from overseas producers last week, as per ChemOrbis. Sellers cited firm costs and relatively limited supply as support for their price increases while demand was said to be regular in the region.

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Polymer markets buoyant in Thailand

Asia is beginning to see the bullish sentiment weaken. However, local markets in Thailand continue to retain their firm stance as PP and PE prices move higher, as per ChemOrbis. Many converters from different sectors are showing willingness to buy more despite the ongoing rise in prices, on firm end product demand

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PP prices move higher after the holidays in SE Asia

In Southeast Asia, both import and local PP prices have moved higher in the first week after the Chinese New Year holidays, as per Chemorbis.

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Thailand?s surplus of light and heavy naphtha reflects ?stagnant? demand for gasoline

Thailand’s surplus of light and heavy naphtha reflects “stagnant” demand for gasoline, according to PTT Energy Solutions Co., as per Bloomberg. “Thailand is more stagnant in gasoline demand,” said Bhawana Suphavilai, president of PTT Energy Solutions Co.

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Import PVC prices plunge to 2011 low in SEA

Import PVC prices are moving lower for the fourth consecutive week in Southeast Asia as persistently weak demand along with tumbling upstream costs pushed sellers into agreeing to further reductions on their October prices per the plastics pricing service ChemOrbis.

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