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News Insight & Analysis

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China Morning Snapshot – 06 March 2023
06 Mar 2023 Without a substantial stimulus package to boost consumption, trading sentiment on both the futures and the spot markets sinks sharply on the first day of the week.
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06 Mar 2023

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06 March 2023 - Shenhua's coal-based PP and PE Auction Results

Shenhua attempted to facilitate the purchasing interest by offering CNY20-50/ton reduction on both PP and PE cargoes, however, buyers seemed to prefer to source just small quantity.
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02 Mar 2023

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Saudi Aramco slashed March propane prices to Asia

Propane is a primary feedstock used by propane dehydrogenation (PDH) operators in producing propylene monomers.
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02 Mar 2023

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Local PVC market gallop higher in Indonesia, shrugging off the soft demand

While the producer claimed to have smaller than usual availability, converters in the pipe sector remain under pressure from lacking finished goods demand.
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02 Mar 2023

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China Morning Snapshot – 02 March 2023

Both PP and LLDPE contracts ended the morning session with minor increases as the effect of the strong PMI result fades. Investors return the focus to the potentially higher interest rates from the FED
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02 Mar 2023

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02 March 2023 - Shenhua's coal-based PP and PE Auction Results

Shenhua has been rather mindful in setting prices for their coal-based cargoes, aiming to maintain an attractive price gap with the futures market to keep arbitrage traders active.
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01 Mar 2023

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Chinese homo-PP breached below $1050/ton in Vietnam on dormant market

Since the beginning of 2023, real demand in Vietnam has been relatively weak. Many woven bag makers continue to operate at reduced rates due to the lack of new orders
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01 Mar 2023

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China Morning Snapshot – 01 March 2023

Trading activities in the domestic spot market pick up significantly throughout the morning session, stimulated by the uptick in futures trading.
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