In China, PP and PE markets staged a recovery from their lowest levels in more than a decade last week. This was supported by a combination of rising demand for certain applications, such as food packaging and medical applications, higher futures, and the recent economic data showing a positive note. And now market players are facing a busy maintenance schedule: Will shutdowns help extend the recovery?...
Import and local homo-PP prices in Vietnam have witnessed a fresh round of sizeable declines, with their weekly averages hitting the lowest levels since January-February 2009, according to data from ChemOrbis Price Index. The market has been dragged down by abysmal demand amid the coronavirus outbreak combined with historically low crude oil and naphtha prices...
A major Taiwanese producer applied a slight monthly hike on its March PVC offers to Asian markets despite the present uncertainty in trading across the region amid the spread of coronavirus (COVID-19)...
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