ETHYLENE SUPPLY

Shintech's 500,000 mt/year Louisiana cracker started up in mid-February,Indorama Venture's 440,000 mt/year cracker in Louisiana restarted in early February, and Formosa Plastics' 1.5 million mt/year cracker in Texas restarted in January.

US POLYOLEFINS SUPPLY

USA LLDPE grades increased due to talk of tightening supply for spot players

US PP rose half a cent last week and is expected to trend higher in the short term, market participants said. Sellers pointed to supply tightness amid a heavy maintenance season to explain higher pricing.

US VINYLS US export PVC prices were expected to hover in a range of $850-$860/mt FAS Houston this week as producers looked ahead to pricing negotiations for March volumes

PVC CHINA, 28/2/2020 = 940 US$/MT