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News Insight & Analysis

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Indonesian traders continued to lift PP, PE offers on reduced pressure, Import Restrictions Regulations
05 Dec 2023 For the second week in a row, a major trading house in Indonesia lifted spot PP and PE offers to domestic buyers amid growing confusion among buyers since finished goods demand remains relatively lethargic.
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05 Dec 2023

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China Morning Snapshot – 05 December 2023

The rise in local stocks are rather surprising. Nevertheless, sources said that the existing levels are still very much manageable for producers.
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05 Dec 2023

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05 December 2023 - Shenhua's coal-based PP and PE Auction Results

Players noted that buyers who refrained from purchases in the previous session showed increased willingness to accept the adjusted prices.
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04 Dec 2023

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Price List: Zhongjing adjusted export PP offers on stronger Yuan, persistently weak demand

The producer expressed concerns over intense competition, citing that another major Chinese supplier is offering prices $50/ton lower to attract deals in South America.
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04 Dec 2023

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Major Malaysian producer cuts December offers for domestic market

As December unfolds, converters in Malaysia are adhering to their annual practice of refraining from stocking activities. This trend aims to minimize inventory levels on their books, contributing to the subdued market activity.
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04 Dec 2023 SPVC k67-68

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Indonesian PVC market sees December offers hikes as international market boosted

Meanwhile, sources are optimistic about the demand from the PVC film sector as converters in the packaging sector ramp up operating rates to meet the festive demand.
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04 Dec 2023

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China Morning Snapshot – 04 December 2023

Local suppliers have responded to the weakening futures contracts by offering discounts and providing additional negotiation space for customers.
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04 Dec 2023

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04 December 2023 - Shenhua's coal-based PP and PE Auction Results

The coal-based polyolefins session ended with disappointing results, particularly for homo-PP stemming from the producer’s attempt to lift the price by CNY180/ton from the previous session
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