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News Insight & Analysis

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28 December 2023 - Shenhua's coal-based PP and PE Auction Results
28 Dec 2023 Market sources believed that the firming trend might persist in the coming month, driven by the rising international market and shipping costs, however, the upswing might be at a gradual pace.
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27 Dec 2023

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China Morning Snapshot – 27 December 2023

In the local market, buying activity is subdued, with resistance evident towards firmer prices. Sellers of PP note a weakened buying appetite among customers, citing slow end product orders
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27 Dec 2023

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China Morning Snapshot – 26 December 2023

Trading activities in the domestic spot market performed modestly throughout the first half of the day with buyers placing small need-based orders for both PP and PE.
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27 Dec 2023

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

Market players noted that customers anticipate better support for PE prices, attributing this expectation to PE's higher dependency on import cargoes compared to PP.
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26 Dec 2023

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At 10-month highs, how much higher can the Indonesian homo-PP market climb?

At the time being, a large number of market participants, both local and regional believed that the Indonesian PP market would remain on the uptrend in the next several weeks.
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26 Dec 2023

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

Shenhua informed that the morning auction results were intended for reference due to technical issues on the auction website, leading to the cancellation of the auction sales.
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25 Dec 2023

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China Morning Snapshot – 25 December 2023

In fact, a growing number of market participants are looking forward to pre-Lunar New Year replenishment activities in January,
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25 Dec 2023

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25 December 2023 - Shenhua's coal-based PP and PE Auction Results

Buyer confidence was hampered by news that international shipping line – Maersk resumed the Res Sea route, which curbed speculations on the shipping costs substantially.
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