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News Insight & Analysis

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Taiwanese major postpones new PVC price announcement, upstream costs in focus
18 Mar 2024 Until this moment, Asian market participants are divided on the possible market direction given the intense tug-of-war between strong costs and weak demand.
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18 Mar 2024

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Key Indonesian producer kept spot PP, PE offers steady amid diminishing demand

Buyers are puzzled over the latest price list considering the sluggish demand conditions following the abolishment of the import quota mandate.
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18 Mar 2024

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Indonesian trader slashed local HDPE film and homo-PP yarn as bloated supply weighed on the market

In an interesting development, a major trading house in Indonesia decided to slash spot HDPE film and homo-PP yarn, shrugging off the stabilising trend spearheaded by a domestic producer.
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18 Mar 2024

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Chinese PE market extended the weakening trend on persistently soft demand

The real demand conditions in China have been dwindling for weeks, however, the off-peak season overseas added more downward pressure to the market.
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18 Mar 2024

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China Morning Snapshot – 18 March 2024

The domestic spot market continues to be driven by concerns over the heavy maintenance shutdown schedules among local and regional PP plants.
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18 Mar 2024

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

Players also attributed the success rate for homo-PP today were due to being CNY30/ton lower than last Friday while LLDPE were at CNY50/ton higher, which explains the apparent resistance from buyers.
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17 Mar 2024

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Southeast Asian PET bottle market tracks stable to firmer trend amid lethargic demand

Throughout the week, Chinese suppliers attempted to stimulate purchasing interest among overseas customers by constantly adjusting their export offers
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15 Mar 2024

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Supply concerns pushed Chinese homo-PP market higher as local plants enters maintenance season

In the past four weeks, the Chinese homo-PP market constantly tracking the firming trend despite heavy Lunar New Year inventory accumulation and mediocre demand conditions at home and overseas.
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