IPO price on the way!!

sapu-ing....

wow... polypropylene price up so much,!

PROPYLENE PRICES JOURNEY NORTHWARDS IN ASIA ON TUESDAY

On Tuesday, propylene prices witnessed a steep rise in Asia. Prices firmed, mainly on account of bullish buying trends, coupled with stronger downstream PP prices in major markets like China.

FOB Korea propylene prices were up at the USD 665/mt levels, a day on day surge of USD 55/mt.

CFR China propylene prices were higher at the USD 720/mt levels, a spike of USD 55/mt from Monday's assessed levels.

In plant news, Lotte Chemical Titan, resumed operations at its naphtha cracker in early-April, 2020 following a planned outage. The cracker remained off-line for about one month. Located in Pasir Gudang, Malaysia, the cracker has an ethylene capacity of 522,000 mt/year and propylene capacity of 360,000 mt/year.

In other plant news, Sinopec Zhenhai Refining and Chemical, has taken its 350,000 mt/year No. 3 Polypropylene (PP) unit off-stream on April 7, 2020 for a maintenance turnaround.

https://www.polymerupdate.com/news/breaking/15Apr2020/1055723/propylene-prices-journey-northwards-in-asia-on-tuesday

京时间15日消息，“股神”巴菲特当地时间周二在网上晒出一张他佩戴比亚迪生产的口罩的照片。

　　照片上的巴菲特身着一件浅色T恤，上面印着“我想长命百岁，目前为止还不错！”他还在照片下面写道“现在，我的比亚迪口罩正帮助我达到目标！谢谢！”

　　2008年，巴菲特以18亿港元认购了比亚迪10%股份——迄今为止，比亚迪仍是巴菲特唯一持有并重仓的中国股票。他旗下的伯克希尔哈撒韦(289730, 6930.26, 2.45%)至今仍持有比亚迪8.25%股份，是该公司第四大股东，

　　比亚迪今年2月开始生产口罩。该公司本周表示，其口罩日产量已达到1500万只，并且还在以每日约100万只的速度扩大生产。

　　日本软银集团周二宣布，将与比亚迪合作，每月向日本供应3亿只口罩。

疯狂熔喷布：从2万涨到50万 价格博弈下的群体焦虑
https://baijiahao.baidu.com/s?id=1663903427025023798&wfr=spider&for=pc

Chinese polypropylene prices surged 35% on the week at Yuan 8,600/mt ex-works for raffia grade Monday on reduced raffia supply and stronger fiber-grade demand for making masks. The prices corrected Yuan 350/mt day on day at Yuan 8,250/mt ex-works Tuesday after the government announced strict quality and price controls amid rising demand.

Soaring mask demand raises Chinese polypropylene prices; China announces quality, price controls

https://www.spglobal.com/platts/en/market-insights/latest-news/petrochemicals/041520-soaring-mask-demand-raises-chinese-pp-prices-china-announces-quality-price-controls

building bottom now. once finished, sky rocket back to IPO price.

face mask, goggles, ppe all make from PP? :)

http://pp.100ppi.com/price/
look at the 出货价.. haha

big player collecting mode on.

Face Mask material --> melt-blown non-woven fabric --> polypropylene --> LCTITAN :)

PCHEM engine started....LCTITAN will follow

Bad time is over for LCTITAN.

http://pp.100ppi.com/
have a look yourself.

This year 7 cents dividend. Next year sure more than 10 Cents.

76% shares in Lotte Chemical Corporation hand. Hard to push:(

pchem move so much...this lctitan hardly move

shark collecting PCHEM...slowly lctitan will go up.

shark slowly accumulate...

coming....

SINGAPORE (ICIS)--China’s domestic polypropylene (PP) prices have rallied since end-March, driven by spiking demand for downstream face masks amid the coronavirus pandemic, while supply of some grades has tightened partly due to scheduled plant turnarounds.

On 10 April, spot prices of PP yarns, injections and low melt-index block copolymers in east China stood at yuan (CNY) 7,425/tonne; CNY7,500/tonne and CNY7,650/tonne, respectively, according to ICIS data.

The prices have rebounded by nearly CNY1,142/tonne or an average of 18% from lows recorded in end-March, the data showed.

ICIS Editorial Chart goes here

Overseas demand for face masks has been surging as global coronavirus infections reached 1.7m, with the death toll at above 100,000. The outbreak is believed to have emerged late last year in Wuhan in central China.

With a growing number of people across the world wearing face masks as protection against infection from the flu-like virus, demand for PP fibres was consequently boosted.

PP fibres with a melt index of 35-40 make up the outer layer of face masks, which typically comprise two layers of fibres and middle melt-blown material, according to experts.

For major producer Dushanzi Petrochemical, offers for its S2040 PP fibres reached as high as CNY25,000/tonne, according to market sources.

Booming demand and high margins have prompted China’s domestic polyolefin producers to start switching to producing PP fibres since late March.

A total of 28 domestic PP plants in the country with a total capacity of 6.53m tonnes/year - about 26% of China’s total capacity for the polymer - have made the switch to producing high melt-index PP fibres, according to industry sources.

More production of PP fibres has squeezed supply for other general-purpose grades further, triggering the price uptrend.

A number of PP plants in China are due for maintenance in the second quarter.

Focus article by Aviva Hu

SINGAPORE (ICIS)--China’s domestic polypropylene (PP) prices have rallied since end-March, driven by spiking demand for downstream face masks amid the coronavirus pandemic, while supply of some grades has tightened partly due to scheduled plant turnarounds.

On 10 April, spot prices of PP yarns, injections and low melt-index block copolymers in east China stood at yuan (CNY) 7,425/tonne; CNY7,500/tonne and CNY7,650/tonne, respectively, according to ICIS data.

The prices have rebounded by nearly CNY1,142/tonne or an average of 18% from lows recorded in end-March, the data showed.

ICIS Editorial Chart goes here

Overseas demand for face masks has been surging as global coronavirus infections reached 1.7m, with the death toll at above 100,000. The outbreak is believed to have emerged late last year in Wuhan in central China.

With a growing number of people across the world wearing face masks as protection against infection from the flu-like virus, demand for PP fibres was consequently boosted.

PP fibres with a melt index of 35-40 make up the outer layer of face masks, which typically comprise two layers of fibres and middle melt-blown material, according to experts.

For major producer Dushanzi Petrochemical, offers for its S2040 PP fibres reached as high as CNY25,000/tonne, according to market sources.

Booming demand and high margins have prompted China’s domestic polyolefin producers to start switching to producing PP fibres since late March.

A total of 28 domestic PP plants in the country with a total capacity of 6.53m tonnes/year - about 26% of China’s total capacity for the polymer - have made the switch to producing high melt-index PP fibres, according to industry sources.

More production of PP fibres has squeezed supply for other general-purpose grades further, triggering the price uptrend.

A number of PP plants in China are due for maintenance in the second quarter.

Focus article by Aviva Hu

BUY BUY BUY. IB haven't cover PP price surged.

break RM5.00 soon.

insider buying

LCTITAN will follow :)

PCHEM leading now :)

PP price is on uptrend. Both PCHEM & LCTITAN will benefit.

media news haven't cover yet. is time to buy and hold.

https://www.icis.com/explore/resources/news/2020/04/13/10495509/china-pp-rallies-on-demand-spike-for-face-masks-amid-coronavirus-pandemic

http://finance.sina.com.cn/roll/2020-04-14/doc-iircuyvh7618074.shtml

Surgical masks, once simply a strip of cloth tied around the face of a doctor or nurse, are today manufactured using non-woven fabrics made from plastics like polypropylene to filter and protect

both PE & PP price surge start from April

http://quote.eastmoney.com/qihuo/l2102.html

http://quote.eastmoney.com/qihuo/ppm.html

BN legacy is back!!

something brewing on FIHB.

buy before too late!

lots of incoming project coming from Maestron. Huat Huat!!!!!!

next 3 years superb earning no problems. TP RM1.00

ACCEPTANCE OF LETTER OF AWARD AMOUNTING TO APPROXIMATELY RM259.95 MILLION BY SUBSIDIARY COMPANY

TP0.67

Not so fast...tml maybe...haha

Huat ar!!!

The construction division has unbilled sales of about RM100m brought forward and is confident of securing further related party contracts in the current year to ensure that it continue to make a significant contribution to the Group's result in FY2020. The prospect for the current year will hinge on the timely execution of the projects in hand and the projects that are expected to be awarded in the current year. These include the main building works for the 2 tower blocks of Verando project.

http://www.morrissey-tech.net/images/MorrisseyCorporate2018.mp4

blindly support pencuri wang rakyat.

s2pid BN supporter.