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News Insight & Analysis

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01 March 2023 - Shenhua's coal-based PP and PE Auction Results
01 Mar 2023 While key PP and LLDPE contracts on Dalian Commodity Exchange increase CNY50/ton, Shenhua keeps auction prices stable from the previous day, creating an attractive window to lure arbitrage traders back to make purchases.
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28 Feb 2023

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China Morning Snapshot – 28 February 2023

Compared to producers, Chinese traders are carrying more stocks, hence the pressure to sell is relatively intense.
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28 Feb 2023

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28 February 2023 - Shenhua's coal-based PP and PE Auction Results

Nevertheless, purchasing activities are not strong enough to deplete the available quantity, and judging by the remaining stocks on the month-end, it is clear that the demand condition is soft.
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27 Feb 2023

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Price List: Zhongjing Petrochemical steps back on export PP offers

Last week, the domestic market in China firmed up briefly on bullish expectations that the government would inject more stimulus to boost consumptions. The hype did not last.
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27 Feb 2023

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Local PP, PE market in Indonesia plunged sharply as weak demand persists

Indonesian customers have been looking forwards to the pre-Ramadan demand, however, at the time of this report, only manufacturers in the HDPE bag sector witness a pent-up in demand.
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27 Feb 2023

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China Morning Snapshot – 27 February 2023

While the stock levels on key producers’ hands seem manageable; Chinese traders find it increasingly challenging to locate warehouse spaces for their parcels.
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27 Feb 2023

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27 February 2023 - Shenhua's coal-based PP and PE Auction Results

Trading activities on the Shenhua auction platform softened from the previous session as bidders withdraw to the sidelines following the declines on the Dalian Commodity Exchange that eradicate the price gap between the two platforms.
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24 Feb 2023

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Saudi major slashed LLDPE film prices in Vietnam on heightened pressure from new supply

The drastic reductions, particularly on LLDPE film, rocked the market considering the fact that supply for this grade has been tight amid rising upstream ethylene costs.
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