Domestic producer continues to cut PP, PE offers in Indonesia

29 May 2023 Sources said that the reductions in PP prices are very much expected considering the fact that import offers from non-dutiable origins have already breached far below the $1000/ton threshold since the previous week.

29 May 2023

China Morning Snapshot – 29 May 2023

As expected, local suppliers immediately lift spot PP and PE prices to reflect the rising Dalian Commodity Exchange, however, face stiff market resistance.

29 May 2023

29 May 2023 - Shenhua's coal-based PP and PE Auction Results

Compared to cargoes traded in the spot market and the Dalian Commodity Exchange, coal-based parcels on the Shenhua auction platform are way more attractive, which once again explains the healthy number of deals concluded.

26 May 2023

Taiwanese producer revises PVC offers to India market due to weak demand

Following the price revision, offers to India are now on the same par with Southeast Asia, which is considered highly unusual taking into account the shipping cost differences.

25 May 2023

Saudi PE tracks stable to softer trend in Asia; deals done with moderate discounts

Responses from the market are mediocre. An increasing number of Vietnamese buyers expect the downtrend to persist in the coming weeks with buying ideas emerging at $950/ton for LLDPE film

25 May 2023

China Morning Snapshot – 25 May 2023

With the futures market showing signs of recovery from ten consecutive sessions of sluggish trading, Chinese buyers are more confident in off taking some PP and PE cargoes

24 May 2023

Thailand PE soften in Malaysia amid thin demand

With LLDPE film being traded elsewhere at three digits, the lack of buying interest in Malaysia is very much understandable.

24 May 2023

China Morning Snapshot – 24 May 2023

Thanks to the stronger Dalian Commodity Exchange, Chinese suppliers managed to maintain spot offers unchanged day-on-day. However, transactions are mediocre.

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