Indonesian major cut local PP, PE offers further as the bear run persists

09 Jul 2024 Trading sentiment remains subdued at the start of the week, with buyers withdrawing to the sidelines to assess the near-term outlook.

09 Jul 2024 SPVC k67-68

Indonesian PVC market follows the global upward trend

Initial market responses have been weaker than expected. Several PVC pipe manufacturers attribute this to the lack of new projects and the onset of the monsoon season

09 Jul 2024

China Morning Snapshot – 09 July 2024

Trading sentiment in the local market remains unchanged from the previous session. The continuous decline in the futures market has severely eroded market confidence

09 Jul 2024

09 July 2024 - Shenhua's coal-based PP and PE Auction Results

The Dalian Commodity Exchange extended its weakening trend for the fourth consecutive trading session on July 9. Notably, LLDPE futures experienced steeper declines compared to PP

08 Jul 2024

China Morning Snapshot – 08 July 2024

As the Dalian Commodity Exchange entered the third day of a losing streak, Chinese buyers remained on the sideline, unfazed by the minor discounts offered by local suppliers.

08 Jul 2024

08 July 2024 - Shenhua's coal-based PP and PE Auction Results

Amid the ongoing weakening trend on the Dalian Commodity Exchange, Shenhua has adopted proactive measures to stimulate buying activities on its Auction Platform.

05 Jul 2024 SPVC k67-68 SPVC (A) k67-68

Chinese PVC market elevated by futures trading and economic stimulus optimism

Market participants are hopeful for pro-growth measures, particularly to support the waning property market, which has positively influenced sentiment in the construction materials segment.

05 Jul 2024 PET Bottle

Chinese PET bottle market gained ground on restocking activities, firm upstream costs

The sustainability of this unexpected development remains uncertain, despite providing much-needed relief to local producers facing mounting cost pressures

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