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News Insight & Analysis

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08 April 2024 - Shenhua's coal-based PP and PE Auction Results
08 Apr 2024 The concluded volume for both homo-PP and LLDPE is lesser today compared to Sunday, indicating a cautious stance among buyers toward the firmer price level.
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04 Apr 2024

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Chinese PVC market tracks stable to softer trend, moderate pre-holiday replenishment activities observed

According to market sources, buyers are more willing to proceed with replenishment after obtaining discounts on growing expectations that the local market might have limited space to reduce substantially in the near term.
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04 Apr 2024

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Asian LDPE market tracks stable to firmer trend amid lingering supply tightness

Within Southeast Asia, the Indonesian LDPE film market has climbed to the highest level since late August 2022 on the back of supply tightness and the weakening Rupiah against the US dollar.
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03 Apr 2024

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Strong upstream costs, improved demand elevate Chinese PET bottle market

The Chinese PET bottle market gains support to firm up this week as converters surprisingly return to action just before the long weekend holiday. Sources reported uptick in transactions
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03 Apr 2024

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China Morning Snapshot – 03 April 2024

The lack of pre-holiday replenishment activities, though posing concerns for many traders, is not as bearish to others.
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03 Apr 2024

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

Concluded homo-PP and LLDPE deals on the Shenhua Auction Platform were better today with deals over 98% for each grade in comparison to yesterday’s session.
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02 Apr 2024 SPVC k67-68

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Indonesian producer rollovers April PVC offers to local market ahead of holiday

April is a short trading month in Indonesia. Many converters started to take off for the Ramadan holiday as early as 3 April 2024 amid the sluggish finished goods market, resulting in reduced needs for restocking. The market is officially off until 15 April 2024.
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02 Apr 2024

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China Morning Snapshot – 02 April 2024

The rapidly reducing inventory pressure coupled with the resilient futures market support local suppliers to lift spot PP and PE offers further.
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