Southeast Asia
Southeast Asia (hereinafter referred to as SE Asia) polyether polyols market remains steady and silent in the first half of August, and new price for August has been disclosed in the week of Aug. 8 after UTECH Asia when many market players are out on trip to the exhibition. General market price for slab polyols stands at the range of USD 1,300-1,380/ton CIF in drum, and polymer polyols (hereinafter referred to as POP) at about USD 1,650-1,750/ton CIF in drum. As for Korea suppliers, prices are around USD 1,480-1,500/ton CIF, POP at USD 1,650-1,700/ton CFR and high resilience polyols at USD 1,550/ton CFR for August. China polyols export price goes on to stabilizing at high level, easing competitions for SE Asia suppliers with some reporting that business is relatively smooth in the latest one month.
In Indonesia, the polyols market maintains flattish running in the first of August and general slab polyols market price still at the USD 1,250-1,300/ton CIF in bulk and USD 1,300-1,350/ton CIF in drum from major Singapore and Thailand. One China supplier is heard quoting at USD 1,410/ton CIF for slab polyols, and for POP Japan sources are sold at around USD 1,700-1,800/ton CIF, according to local contact.
In Malaysia...
In Singapore...
In Thailand...
India
In India, the polyols market has been stabilizing in the first half of August with general slab polyols market prices still at USD 1,330-1,375/ton in bulk and USD 1,380-1,450/ton CIF in drum. The main polyols suppliers in India are Shell, Dow, Manali, and Covestro, and the Singapore supplier is heard quoting at INR 93/kg (about USD 1,300/ton CIF);
China
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Market Outlook
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