Earlier in the year, spot prices of dutiable polypropylene (PP) flat yarn in southeast Asia exceeded that of linear low density polyethylene (LLDPE) prices for the first time in three years. Spreads between naphtha and monomer feedstocks have also grown increasingly volatile, especially for polyethylene (PE). As the threat of a full-scale trade war between the US and China looms, market players in southeast Asia are uneasy about how this will impact on sentiment in the region.
ICIS recently produced an infographic examining price movements in southeast Asia and the various factors contributing to these changes.
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