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China Morning Snapshot – 04 March 2024
04 Mar 2024 Market participants prefer to wait on the sidelines throughout the first half of the trading day amid the softness on the futures market.
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04 Mar 2024

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Asian ethylene market witnessed mixed demand conditions; supply tightness elevates the market

Meanwhile, sluggish demand continues to weigh on the Northeast Asian ethylene market. Even though an increasing number of overseas sellers has indicated the intention to lift spot offers to this region
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04 Mar 2024

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04 March 2024 - Shenhua's coal-based PP and PE Auction Results

The overall domestic buying activity is weak and market players have reportedly taken a cautious approach while they wait for the outcome of the Two Sessions meeting, which is scheduled for tomorrow, 05 March 2024.
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27 Feb 2024

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China Morning Snapshot – 27 February 2024

Local sellers maintain a consistent stance on their offers, citing a lack of sales pressure; nevertheless, due to limited buying activity, most sellers have tended to preserve their prices
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27 Feb 2024

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27 February 2024 - Shenhua's coal-based PP and PE Auction Results

Trading activities on the Shenhua auction platform remained resilient on the second day of the week thanks to the coal-based producer’s effort to stimulate buying interest by cutting auction prices by CNY30-50/ton day-on-day.
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23 Feb 2024

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Local Vietnamese PP market gallops higher; cautiousness remains as dwindling Chinese market weighs

Vietnam is among the only few markets in Asia tracking a firming trend this week, which is understandable considering the latest production issue ahead of a couple of major maintenance shutdowns.
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23 Feb 2024

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China Morning Snapshot – 23 February 2024

Following the rebounded futures market, local suppliers attempted to lift spot offers by CNY50/ton but bumped into disappointing responses from buyers.
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23 Feb 2024

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23 February 2024 - Shenhua's coal-based PP and PE Auction Results

Players ascribed the positive sales outcome to the futures market's recovery trend during the auction period particularly for homo-PP and LLDPE auctioned prices maintaining on a stable note.
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