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SE Asia & India Polyols Market Analysis 20160815-20160826
August 29, 2016    [Source:PUdaily]

Southeast Asia

Southeast Asia (hereinafter referred to as SE Asia) polyether polyols market is still stabilizing at low level in the second half of August, and market price is assessed at around USD 1,300-1,380/ton CIF in drum for slab polyols, and polymer polyols (hereinafter referred to as POP) at about USD 1,650-1,750/ton CIF in drum. SE Asia polyols suppliers are heard having better business in August without heavy competitions from China although demand is still low. Besides, there are rumors that suppliers may try to hike prices for September but may be welcomed with resistances from buyers and competitions from competitors. Besides, the Singapore supplier has lifted the force majeure on Aug. 17, and production is smooth with relatively high production rate at present.

In Indonesia, the polyols market is relatively steady in the second half of August and slab polyols are still heard at USD 1,250-1,300/ton CIF in bulk and USD 1,300-1,350/ton CIF in drum from major Singapore and Thailand suppliers, according to a local market contact. For Indonesia trading market, it is heard that the price is offered at USD 1,540/ton including VAT and delivered for bulk Singapore cargoes, as per a small trader, which is not considered workable for the broader market.

In Malaysia...

In Singapore...

In Thailand...


India

In India, the polyols market is stable in the second half of August with slab polyols price at around USD 1,330-1,375/ton in bulk and USD 1,380-1,450/ton CIF in drum. The supplier who has plant in Taiwan is heard offering at USD 1,300/ton CIF in India, and the Singapore supplier also maintains same offer of INR 93/kg (about USD 1,300/ton CIF)...



China

...

Market Outlook

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