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SE Asia & India Polyols Market Analysis 20160620-20160701
July 04, 2016    [Source:PUdaily]

Southeast Asia

Southeast Asia (hereinafter referred to as SE Asia) polyols market records flat running in the second half of June compared with earlier of this month. Slab polyols price is assessed at USD 1,350-1,500/ton CIF SE Asia with lower end price for bulk and higher end for drum, while polymer polyols at USD 1,750-1,770/ton CIF in drum. Polyols price has been up for around USD 50-80/ton across almost all countries in SE Asia region this month, in comparison with that of last month...

In Indonesia, the market demand is reported very weak and steady as most market players, traders and foam producers, are going to suspend business and productions for the approaching Muslim holiday Eid al Fitr, the end of Ramadan. The holiday will start from next week and now market is covered by holiday mood already. People will be back for work around July 11 or 12 but the polyols market is expected to be active again until around July 18.

In Malaysia, the overall polyols market is tepid in the second half of June while price of slab polyols are closing to USD 1,350-1,450/ton CIF, about USD 50/ton higher than that of last month, with lower end price for bulk and higher end for drum. One local trader reports purchasing slab polyols at USD 1,350/ton CIF for drum from one China supplier...

In Singapore...

In Thailand...

India

In India, polyols market is running stably with slab polyols from major suppliers in SE Asia being still around INR 102-103/kg, equivalent to USD 1,400-1450/ton CFR India in drum, excluding taxes and Custom Variance Duty of 12.5% on basic price, and polymer polyols around USD 1,740-1,780/ton CIF, according to local traders... 

China

China domestic polyols market maintains flat running in the second half of June with price for spot stocks almost fixed at the same level at RMB 8,600-8,800/ton (about USD 1,293-1,323/ton) for slab polyols, RMB 9,600-10,200/ton (about USD 1,443-1,534/ton) for HR polyols, and RMB 10,800-11,900/ton (about USD 1,624-1,790/ton) for polymer polyols...

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