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News Insight & Analysis

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China Morning Snapshot – 13 December 2023
13 Dec 2023 Chinese traders were rather optimistic at the start of the trading day, attempting to introduce additional hikes on both PP and PE offers to reflect the firming overseas market.
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13 Dec 2023

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

With key contracts on the Dalian Commodity Exchange struggle to retain the previous rally, buyers started portraying a certain level of reservation toward new purchases.
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12 Dec 2023

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Taiwanese major postpones January PVC price announcement amid heightening pressure

According to market sources, a major Taiwanese producer has decided to postpone the new PVC price announcement for January loading until next week amid heightening market challenges.
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12 Dec 2023

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Local PE market in China regains strength as agricultural film season begins

There have been heavy discussions in the market claiming the three-month declining streak might have found its footing, which encourages converters to resume making fresh purchases.
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12 Dec 2023

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China Morning Snapshot – 12 December 2023

However, the packaging sector remains relatively mediocre with buyers preferring to source hand-to-mouth basis to avoid inventory risks.
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12 Dec 2023

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

The auction deals for Homo-PP improved significantly compared to the previous day, while LLDPE deals remained fully subscribed at 100%.
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11 Dec 2023

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Price List: Zhongjing cuts pp export prices amidst market caution and holiday season.

This is the third consecutive week the producer lowered export offers despite having limited on-hand stocks stemming from the drastic production rate cut over the past months.
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11 Dec 2023

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Malaysian producer cuts January PE offers to Vietnam, marking second consecutive month of decline

A key Malaysian producer spearheaded January PE shipment offers in Vietnam with additional decreases from December, marking the second consecutive month of declines.
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