PODCAST: Asia PE sets to see support from strong feedstock, high shipping costs

Author: Jasmine Khoo

2021/01/13

SINGAPORE (ICIS)--Southeast Asia’s polyethylene (PE) market ended a turbulent year in 2020 with major price increases but early 2021 fundamentals suggest shipping costs and feedstock prices are still likely to drive prices in the first quarter.

In this episode of the ICIS Asia podcast, Senior Editor Jasmine Khoo speaks with Izham Ahmad, editor in charge of the Asia-Pacific Polyethylene Report on what’s in store for the PE Asia market in coming weeks.

  • SE Asia LLDPE imports gain average 15% in Q4 2020, LDPE up by 37%
  • Container shortages, coronavirus impact likely to persist through Q1 2021
  • SE Asia market frets over likely China holiday demand slowdown