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News Insight & Analysis

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China Morning Snapshot – 27 December 2023
27 Dec 2023 In the local market, buying activity is subdued, with resistance evident towards firmer prices. Sellers of PP note a weakened buying appetite among customers, citing slow end product orders
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27 Dec 2023

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China Morning Snapshot – 26 December 2023

Trading activities in the domestic spot market performed modestly throughout the first half of the day with buyers placing small need-based orders for both PP and PE.
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27 Dec 2023

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27 December 2023 - Shenhua's coal-based PP and PE Auction Results

Market players noted that customers anticipate better support for PE prices, attributing this expectation to PE's higher dependency on import cargoes compared to PP.
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26 Dec 2023

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At 10-month highs, how much higher can the Indonesian homo-PP market climb?

At the time being, a large number of market participants, both local and regional believed that the Indonesian PP market would remain on the uptrend in the next several weeks.
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26 Dec 2023

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26 December 2023 - Shenhua's coal-based PP and PE Auction Results

Shenhua informed that the morning auction results were intended for reference due to technical issues on the auction website, leading to the cancellation of the auction sales.
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25 Dec 2023

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China Morning Snapshot – 25 December 2023

In fact, a growing number of market participants are looking forward to pre-Lunar New Year replenishment activities in January,
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25 Dec 2023

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25 December 2023 - Shenhua's coal-based PP and PE Auction Results

Buyer confidence was hampered by news that international shipping line – Maersk resumed the Res Sea route, which curbed speculations on the shipping costs substantially.
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22 Dec 2023 HD Film LL C4 Film

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Chinese PE market wraps up the week on a strong note as buyers rush additional purchases

Chinese buyers surprisingly returned to the import market on the final trading day of the week to make additional purchases, focusing primarily on LLDPE film after key contracts on the Dalian Commodity Exchange surged to three-month highs.
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