China’s import prices for polypropylene (PP) PP block co-polymer grade are expected to be stable as sufficient domestic supply can help cover the seasonal uptick in demand. SEE MORE Market sources attributed the drop in pricing to weaker demand, despite the startup of a new derivative polyethylene unit last week, as ethylene inventories remained at a healthy level. SEE MORE Trading in the Asian petrochemical market could pick up this week as market direction becomes clearer after the 19th National Congress of the Communist Party of China concludes Tuesday. SEE MORE Domestic monoethylene glycol (MEG) prices in China are expected to come under pressure from mounting supply in the fourth quarter as good production margins are encouraging producers to ramp up output. SEE MORE Base metals prices on the London Metal Exchange are mostly higher with gains averaging 1.1% this morning, Friday October 20. The exception is tin where prices are off by 0.3%. Nickel prices once again lead the gains with a 2.5% increase to $12,065 per tonne, with lead prices up by 1.6% and copper prices up by 1.3% to $7,060 per tonne. SEE MORE