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News Insight & Analysis

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Indonesian PVC market registered moderate gains amid mediocre demand
07 Feb 2024 Market participants are not in the mood to build inventories given the uncertain political conditions ahead of the presidential election on 14 February 2024.
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07 Feb 2024

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China Morning Snapshot – 07 February 2024

The rebounded Dalian Commodity Exchange caught the attention of arbitrage traders, however, spot cargoes are not attractive enough to materialise transactions.
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07 Feb 2024

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07 February 2024 - Shenhua's coal-based PP and PE Auction Results

Thanks to the sharp rebound on the Dalian Commodity Exchange, transactions for coal-based PP and PE cargoes on the Shenhua auction platform picked up significantly from the previous session.
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06 Feb 2024

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Statistics: Local HDPE output hit a record high level in December; PP dropped 3.3%

According to the latest data from the National Bureau of Statistics, production outputs for key petrochemical products in China rebounded by 1.8% in the month of December 2023 following a sharp dive the month before.
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06 Feb 2024

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China Morning Snapshot – 06 February 2024

As expected, trading sentiment in the domestic spot market has come to a near standstill as the Lunar New Year holiday is just a couple of days away.
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06 Feb 2024

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06 February 2024 - Shenhua's coal-based PP and PE Auction Results

Interestingly, customers showed steady interest in LLDPE cargoes with more than 70% deals achieved from the auction allocation.
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06 Feb 2024

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

The price cuts attracted some buying interest, however, the large of the market prefer not to purchase large quantity citing the uncertain post-holiday market outlook.
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05 Feb 2024

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Price List: Zhongjing further stepped back on export PP offers

In spite of the improved profit margins, Zhongjing has not ramped up operating rates at its plant, especially amid the uncertain demand outlook in the post-Lunar New Year holiday period.
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