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News Insight & Analysis

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China Morning Snapshot – 04 April 2023
04 Apr 2023 Investors shrugged off the 6% rise in crude oil prices to focus on the heightening inflationary pressure that could impact the demand.
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04 Apr 2023

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04 April 2023 - Shenhua's coal-based PP and PE Auction Results

Following a strong auction session the previous day, Shenhua decided to lift deal prices for both homo-PP and LLDPE by CNY80-90/ton, which yield different responses.
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03 Apr 2023

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Saudi Aramco cut April propane prices to Asia as weak demand persists

The price provides a benchmark against which Middle East sales of liquefied petroleum gas (LPG) to Asia are priced.
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03 Apr 2023

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Price List: Zhongjing Petrochemical lifted export PP offers on rising oil prices

The latest rebound shows just how sensitive the market is to the slightest sign of a bullish development regardless of the real demand conditions.
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03 Apr 2023

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Local maker slashed spot PP, PE offers in Indonesia on weak demand; exchange rate

Indonesian customers have been expecting some downward adjustments from the producer, however, the aggressive pricing decisions were unaccounted for.
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03 Apr 2023

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China Morning Snapshot – 03 April 2023

Spot PP and PE offers in the domestic spot market jumped as much as CNY150/ton ($22/ton) from the previous session to reflect the abrupt surge in crude oil prices
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03 Apr 2023

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03 April 2023 - Shenhua's coal-based PP and PE Auction Results

Shenhua auction platform kickstarted April on a strong note thanks to the rebound on the Dalian Commodity Exchange following the drastic surge in the energy complex.
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30 Mar 2023

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Price List: China’s Zhongjing steps back on export PP offers on weak demand

Although the domestic spot market in China has been tracking the stabilizing trend over the past several trading days, buyers here would only secure enough materials to cover their immediate needs instead of building stocks.
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