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News Insight & Analysis

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16 April 2024 - Shenhua's coal-based PP and PE Auction Results
16 Apr 2024 The recent biddings on the Shenhua Auction Platform have demonstrated mixed performance, with LLDPE achieving a 100% dealt rate whereas homo-PP and PPBC attained less transactions compared to Monday with roughly 70% deals only.
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15 Apr 2024

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Price List: Zhongjing rollover export PP offers amid uncertain market outlook

Zhongjing Petrochemical reportedly opened fresh export PP offers on the first trading day of the week at unchanged levels from the previous week despite the growing Middle Eastern concerns.
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15 Apr 2024

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Chinese players: Calm market to assess the heightened Iran-Israel conflict

As the situation unfolds, the market vigilantly monitors the two key concerns: potential disruptions to direct supply from Iran and heightened security at the vital Strait of Hormuz.
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15 Apr 2024

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Chinese PE market continues to climb, hitting multi-month highs on tighter supply-demand dynamic

Sources expected the current firming trend to persist in the coming month citing the heavy maintenance season among local plants.
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15 Apr 2024

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China Morning Snapshot – 15 April 2024

The domestic spot market holds largely stable while both buyers and sellers adopt a cautious stance to assess the near-term outlook following the escalated conflict in the Middle East.
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15 Apr 2024

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

Trading sentiment on the Shenhua Auction Platform improved visibly on the first trading day of the week following the weekend broiled with concerns over the heightening Middle Eastern tension.
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12 Apr 2024 SPVC k67-68

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Chinese PVC market remained soft amid timid trading

In the meantime, buyers are closely monitoring the impact of the local maintenance shutdown season on the supply outlook. Customers cautiously make small purchases to avoid supply disruption risks
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12 Apr 2024

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China Morning Snapshot – 12 April 2024

New offers for both PP and PE are unchanged from the previous day, stoking heavy negotiations among local buyers throughout the morning session.
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