Chinese PET bottle market nosedives as demand concerns weighed

04 Jun 2024 Buyers opted to remain conservative citing the soft finished goods market, resulting in a rather sluggish trading sentiment.

04 Jun 2024

China Morning Snapshot – 04 June 2024

The extended bear run in crude oil futures coupled with the weakening Dalian Commodity Exchange encouraged buyers to adopt a cautious stance, making purchases only based on needs.

04 Jun 2024

04 June 2024 - Shenhua's coal-based PP and PE Auction Results

Shenhua Auction Platform continued to face multiple challenges in attracting deals on the second day of the week as futures contracts on the Dalian Commodity Exchange and crude oil extended the bear run.

03 Jun 2024

China Morning Snapshot – 03 June 2024

The CNY50/ton discounts, according to maket sources, did not yield much buying interest, and therefore, traders must provide additional room for negotiations before deals are achieved.

03 Jun 2024

03 June 2024 - Shenhua's coal-based PP and PE Auction Results

The auction results for coal-based cargoes were mediocre despite the CNY130/ton drop in pricing for LLDPE cargoes.

31 May 2024

China Morning Snapshot – 31 May 2024

Over the past couple of weeks, Chinese buyers have been actively making replenishments from the import market.

31 May 2024

31 May 2024 - Shenhua's coal-based PP and PE Auction Results

Shenhua concluded the final trading day of the month on a mixed note with homo-PP achieving strong sales result while LLDPE witnessing a drastic drop even with the lowered auctioned volume.

30 May 2024

Saudi Aramco keeps June propane contract price unchanged despite comfortable supply

Industry insiders blamed the comfortable supply condition and reduced demand for heating fuel during the summer for the producer’s inability to uplift the offer.

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