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News Insight & Analysis

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China Morning Snapshot – 01 February 2024
01 Feb 2024 Whilst discounts and price cuts were given, it did not sway the overall buying appetite of the majority, as traders were more keen on observing upcoming trends offering cheaper cargoes before the Lunar New Year.
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01 Feb 2024

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

The overall buying activity on the Shenhua Auction Platform was directly impacted due to the weaken PP and LLDPE on the Dalian Commodity Exchange (DCE) throughout the morning session
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31 Jan 2024

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China Morning Snapshot – 31 January 2024

Trading sentiment in the domestic spot market started to show a clearer sign of slowing down with most small-scale converters having already left their desks for the Lunar New Year holiday.
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31 Jan 2024

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31 January 2024 - Shenhua's coal-based PP and PE Auction Results

Market players noted some remaining need-based purchases, but with many buyers either prepared or on an extended holiday, trading sentiment has weakened visibly.
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30 Jan 2024

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Price List: Zhongjing Petrochemical increases its export price as the Lunar New Year close approaching

China’s Zhongjing Petrochemical decided to increase its export prices for its homo-PP yarn and biaxially oriented polypropylene (BOPP) film by $5/ton from the previous price announcement.
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30 Jan 2024

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Local producer lifted PE offers in Vietnam on exchange rates, upstream costs

Vietnamese market participants reported having received fresh PE offers for March delivery from a major local producer with a VND300,000/ton ($12/ton) increase from the previous week
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30 Jan 2024

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China Morning Snapshot – 30 January 2024

As anticipated, trading sentiment continues to weaken as more and more converters in the PP and PE sectors will be out of the office in celebration of the upcoming Lunar New Year holiday.
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29 Jan 2024

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Price List: Zhongjing Petrochemical stable PP export offer approaching Lunar New Year

More buyers have gone off on holidays and making preparations to usher into the Lunar New Year, resulting in a less active market.
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