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China Morning Snapshot – 28 July 2023
28 Jul 2023 Nevertheless, within this week, the local inventories fell 17.2% or 115,000 tons to the the level last seen before Lunar New Year on 20 January 2023
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28 Jul 2023

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28 July 2023 - Shenhua's coal-based PP and PE Auction Results

Chinese bidders remain enthusiastic about making replenishment on the final trading day of the week after key PP contracts on Dalian Commodity Exchange hit the highest levels since April 2023
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27 Jul 2023

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Statistics: China’s PP, PE import arrival recovered further in June

Nevertheless, in the first six months of 2023, China imported a total of 2.4 million tons of HDPE – down 18% compared to the same period in 2022.
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27 Jul 2023

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China Morning Snapshot – 27 July 2023

Domestic producers appear more conservative in introducing fresh hikes on spot PP and PE cargoes even though the local inventories are now at multi-month lows.
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27 Jul 2023

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

The firming trend is expected to persist in the near term as players latch on to the bullish outlook associated with the government’s push to stimulate the local economy.
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26 Jul 2023

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Statistics: China’s local outputs of key petchem dipped 3.5% in June

Although HDPE outputs fell 2.1% from May, the quantities were still the second highest level since CommoPlast started reporting China’s production data.
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26 Jul 2023

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China Morning Snapshot – 26 July 2023

Key PP and LLDPE contracts on Dalian Commodity Exchange remained on an upward trajectory for the third session this week, though the market seems to lack catalysts for a major rebound.
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26 Jul 2023

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

Besides, Chinese buyers are flocking to the Shenhua auction platform to obtain more competitive alternatives to the rising spot PP and PE prices.
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