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News Insight & Analysis

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Indonesian PET market resumed falling as persistently weak demand bites
09 Nov 2023 Indonesian customers remained relatively conservative amid the dwindling finished goods demand. In the meantime, supply is comfortable.
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09 Nov 2023 LL C4 Film

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Import PE offers regain strength in China as buyers returned for replenishment

The six week's declining streak in the Chinese PE market seemed hitting the bottom this week as overseas suppliers maintain a firmer stance on spot offers to this market
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09 Nov 2023

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Chinese buyers showed better acceptance toward import PP cargoes as the cost outlook remains firm

The colossal challenges of attracting healthy buying interest for import homo-PP among Chinese customers only heightened over the past months as the country added more new capacities
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09 Nov 2023

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China Morning Snapshot – 09 November 2023

While trading sentiment in the domestic spot market has not changed since the previous day, Chinese buyers become more active in the import market
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08 Nov 2023

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Malaysian PE took a dive in Vietnam for November loading

In spite of the large reductions, Vietnamese customers remain reluctant to proceed with purchases at the time of this report.
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08 Nov 2023

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China Morning Snapshot – 08 November 2023

Chinese buyers have been expecting reductions in PP and PE prices citing the lethargic demand and the steep dive in crude oil prices.
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08 Nov 2023

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08 November 2023 - Shenhua's coal-based PP and PE Auction Results

Following the nosedived crude oil prices and the weaker futures market, Chinese bidders refrained from securing additional coal-based cargoes from the Shenhua auction platform
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07 Nov 2023

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China Morning Snapshot – 07 November 2023

Key PP and LLDPE contracts opened on a firm note but retreated sharply by the mid-day break following the worse-than-expect export data in October.
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