May 03, 2024 3:14 p.m.
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Market Wrap Daily Polyolefins Market

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Daily Market Wrap – China – 2 Feb. 2024
The domestic spot market continued inching lower on the final trading day of the week, influenced by the sluggish futures trading on the Dalian Commodity Exchange and the absence of buyers.
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02 Feb 2024

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Daily Market Wrap – China – 1 Feb 2024

A segment of local trading houses is now weighing the possibility of off taking some imported LLDPE film cargoes in light of a tightening overseas supply outlook and the rising upstream ethylene costs.
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01 Feb 2024

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Daily Market Wrap – China – 31 Jan. 2024

Although slow sales were expected, many local distributors shared the pressure they are receiving from local producers requesting them to start selling February for post-holiday delivery.
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31 Jan 2024

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Daily Market Wrap – China – 30 January 2024

Close sources reveal the majority of the PP converters stocked up just enough supply to last till after New Year, thus, expectations are high on the need-to-order basis to come in from a handful of converters after the holidays which advertently will influence the price trend.
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30 Jan 2024

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Daily Market Wrap – China – 29 Jan. 2024

New import offers are limited on the first trading day of the week though a major Thailand producer claimed to have sold a good number of HDPE and LDPE film cargoes to Japan
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26 Jan 2024

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Daily Market Wrap – China – 25 January 2024

The domestic spot market remained largely unchanged from the previous session, though a few traders surprisingly offer CNY50/ton discounts, aiming to attract more deals before the holiday.
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25 Jan 2024

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Daily Market Wrap – China – 24 January 2024

Market sources expected the producers to accelerate the destocking activities in the remainder of January to bring the number below the 500,000 tons threshold.
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24 Jan 2024

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Daily Market Wrap – China 23 January 2024

Meanwhile, all eyes are on the start-up of five new BOPP film/sheet manufacturing plants in the first quarter of 2024, adding another 265,000 tons of capacity annually.
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