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News Insight & Analysis

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International suppliers lifted import homo-PP offers to Indonesia on firmer domestic market
06 Dec 2023 As the uptrend in the local Indonesian homo-PP market extended to the second week, international suppliers started lifting their offers, effectively halting the three-month losing streak.
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06 Dec 2023 HD Film LD Film LL C4 Film

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Chinese PE market tracks lower; loosening supply drags HDPE film sector

The HDPE film market in China especially catches attention. The supply tightness that elevated the grade across the global market in the second and third quarters of 2023 seems subsiding.
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06 Dec 2023

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China Morning Snapshot – 06 December 2023

Local traders are noting resistance from customers when attempting to offer slightly higher prices today.
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06 Dec 2023

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

Although the auction results dropped slightly from the previous session, the overall deals remained satisfactory.
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05 Dec 2023

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Indonesian traders continued to lift PP, PE offers on reduced pressure, Import Restrictions Regulations

For the second week in a row, a major trading house in Indonesia lifted spot PP and PE offers to domestic buyers amid growing confusion among buyers since finished goods demand remains relatively lethargic.
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05 Dec 2023

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China Morning Snapshot – 05 December 2023

The rise in local stocks are rather surprising. Nevertheless, sources said that the existing levels are still very much manageable for producers.
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05 Dec 2023

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

Players noted that buyers who refrained from purchases in the previous session showed increased willingness to accept the adjusted prices.
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04 Dec 2023

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Price List: Zhongjing adjusted export PP offers on stronger Yuan, persistently weak demand

The producer expressed concerns over intense competition, citing that another major Chinese supplier is offering prices $50/ton lower to attract deals in South America.
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