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News Insight & Analysis

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Southeast Asian PET bottle market tracks stable to firmer trend amid lethargic demand
17 Mar 2024 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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15 Mar 2024

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Price List: China’s Zhongjing rollover export PP offers amid the absence of pressure

Key Chinese PP producer – Zhongjing Petrochemical has opened weekly export PP offers at unchanged levels compared to the previous week in spite of the lingering demand weakness across the Asia region.
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15 Mar 2024

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China Morning Snapshot – 15 March 2024

Players are puzzled over the abrupt bull run, particularly when the PBOC decided to withdraw 94 billion Yuan from the banking system. Investors interpret the decision as a necessary preparation for interest rate cuts to avoid excessive liquidity.
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15 Mar 2024

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

A totally unexpected curve ball happened on the Shenhua Auction Platform with all three commodities: homo-PP, PPBC and LLDPE achieving 100% deals. The deal prices today were also higher in comparison to Thursday’s session
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14 Mar 2024

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China Morning Snapshot – 14 March 2024

While the overall trading sentiment in the domestic spot market remained mediocre throughout the morning session, there have been reports of better buying interest among customers for PP compared to PE.
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14 Mar 2024

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

The auction price for LLDPE stayed consistent from yesterday but finished weaker transactions, however, surprisingly homo-PP achieved 100% sales despite higher deal prices
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13 Mar 2024

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China Morning Snapshot – 13 March 2024

In spite of the sluggish futures market, local suppliers maintain a firm stance on homo-PP cargoes claiming the tightening supply outlook ahead of the maintenance shutdown season.
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