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News Insight & Analysis

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China Morning Snapshot – 17 June 2024
17 Jun 2024 A series of disappointing macroeconomic data from industrial outputs to property investment, underline the weakness in the Chinese economy.
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17 Jun 2024

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

While coal-based homo-PP cargoes achieved a relatively satisfactory number of transactions, the demand for LLDPE was battered by the weak futures contracts on the Dalian Commodity Exchange and the unattractive pricing set by the coal-based producer.
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14 Jun 2024

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Chinese PVC market extended the weakening trend; shipping issues weighed on the local market

Regardless of the dwindling demand in local China, market participants expected key international suppliers to announce July shipment offers with three-digit increase from June
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14 Jun 2024 PET Bottle

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Chinese PET bottle market rebounded from last week’s slump; comfortable supply caps upside

The rising shipping uncertainties narrow the export windows, especially to deep-sea destinations such as North America and Europe. As such, the focus returned to the local ground.
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14 Jun 2024

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China Morning Snapshot – 14 June 2024

The domestic spot market is struggling to determine its direction. Key producers shrugged off the weakness in futures contracts to lift spot LLDPE film price by CNY50/ton.
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14 Jun 2024

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

Chinese buyers have different opinions about the near-term market outlook, however, with auction prices for coal-based materials at CNY100/ton below the current domestic spot market
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13 Jun 2024

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China Morning Snapshot – 13 June 2024

Meanwhile, thin profit margins have been limiting woven bag manufacturers from lifting operating rates, hence, capping demand for raw materials.
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13 Jun 2024

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

The Shenhua Auction Platform ended today’s session on a mixed note. While homo-PP achieved satisfactory number of transactions, deals for LLDPE fell sharply compared to the previous day.
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