China Morning Snapshot – 05 February 2024

05 Feb 2024 The domestic spot market kickstarted the week with minimum trading activities amid the absence of buyers and the softening futures contract.

04 Feb 2024 SPVC k67-68 SPVC (A) k67-68

Chinese PVC market tracked a mixed trajectory amid weak demand, higher upstream costs

The ebbing spot transactions coupled with the dwindling futures contracts on the Dalian Commodity Exchange pressure local suppliers to step back on their price lists.

03 Feb 2024

Indonesian PET market resumed the firming trend on upstream concerns

Apparently, the import quota regulation also encompasses Monoethylene glycol (MEG) under the HS code 290531. Data from TradeMap showed Indonesia imported nearly

02 Feb 2024

China Morning Snapshot – 02 February 2024

Trading sentiment remains weak and is expected to worsen in the coming days as market participants officially taking off for the long holiday ahead.

02 Feb 2024

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

On the other hand, Shenhua offered CNY50/ton discounts on homo-PP, which helped the maker to achieve a rather satisfactory transaction.

01 Feb 2024

Saudi Aramco lifted February contract price by $10/ton

Propane is a primary feedstock used by propane dehydrogenation (PDH) operators in producing propylene monomers.

01 Feb 2024 PPH Raf

Middle Eastern homo-PP dipped below the $900/ton mark in China as the competitive local market weighed

This week, at least two Middle Eastern producers agreed to conclude deals for homo-PP yarn below the $900/ton threshold despite the rising production and shipping costs

01 Feb 2024 HD Film LD Film LL C4 Film

Chinese PE market divaricates ahead of the Lunar New Year holiday

Speaking to CommoPlast, Chinese market participants also blamed the higher dependency on imports for LDPE for the sharp rise in local prices in recent weeks. In 2023, China imported about 3.05 million tons of LDPE

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