Sep 14, 2024 2:32 p.m.
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News Insight & Analysis

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Severe flooding in Northern Vietnam disrupts supply chains and dampens market outlook
12 Sep 2024 At the time of this report, only minor discounts have been noted on PP and PE cargoes, with no significant changes in market offers. Deliveries, however, remain heavily restricted due to major highways being submerged
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12 Sep 2024

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Malaysian PE plunged for the second month in a row in Vietnam; deals concluded with large discounts

While there has been robust buying interest in LDPE cargoes, the same cannot be said for the HDPE market. Ample supply and increasing pressure from global sustainability initiatives have prompted buyers to adopt a cautious stance.
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12 Sep 2024

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China Morning Snapshot – 12 September 2024

Regardless of the rebounded futures market, spot offers for PP and PE continued to decline by CNY 50/ton, with limited transactions reported.
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12 Sep 2024

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12 September 2024 - Shenhua's coal-based PP and PE Auction Results

Trading sentiment on the Shenhua Auction Platform improved sharply late in the week, driven by gains in key contracts on the Dalian Commodity Exchange. The auctions for LLDPE were particularly robust
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10 Sep 2024

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Vietnamese homo-PP market holds firm amid bearish energy complex

Attention is now focused on the availability of Chinese materials. Market participants anticipate rising sales pressure among Chinese suppliers in the lead-up to the weeklong National Day holiday, which could result in lower offers to Vietnam.
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10 Sep 2024

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Indonesian major maintained spot PP, PE offers on a firm note amid limited availability

Meanwhile, trading sentiment in the Indonesian market remains subdued, as buyers adopt a cautious approach in response to a strengthened Rupiah and a sharp decline in crude oil prices.
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10 Sep 2024

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China Morning Snapshot – 10 September 2024

With a long weekend holiday approaching, Chinese buyers have become more active in negotiating new purchases. However, consistent with the futures market, there has been a noticeably stronger demand for LLDPE compared to PP.
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10 Sep 2024

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10 September 2024 - Shenhua's coal-based PP and PE Auction Results

Trading activity on the Shenhua Auction Platform mirrored developments on the Dalian Commodity Exchange during the second trading day of the week. Robust performance in the LLDPE futures market boosted buying interest for coal-based cargoes on the platform.
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