China Morning Snapshot – 09 July 2024

09 Jul 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

05 Jul 2024

China Morning Snapshot – 05 July 2024

Reflecting the subdued trading environment, local inventory levels remained unchanged. Sinopec and CNPC reported that their combined PP and PE stocks were steady

05 Jul 2024

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

Local traders, keen to deplete their existing inventories, offered more negotiation flexibility on spot cargoes, further diminishing interest in the auction of coal-based materials.

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