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News Insight & Analysis

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China Morning Snapshot – 29 August 2023
29 Aug 2023 Sources attributed the large draw in local stocks to the monthly closing activities, in which distributors are required to offtake the committed monthly quantities.
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29 Aug 2023

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

The coal-based materials auction platform ended the second session of the week with disappointing results for LLDPE cargoes even though deal prices were set at CNY200 – 330/ton lower than the previous day for this grade.
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28 Aug 2023

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Price List: Zhongjing rollovers export PP offers amid diverged local market.

Although most traded PP contracts on the Dalian Commodity Exchange gathered a minor gain of CNY11/ton ($2/ton) on the first trading day of the week, investors seemed not motivated enough to participate in larger trading volumes.
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28 Aug 2023

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Local PP, PE market remained firm in Indonesia; demand showed limited changes.

Indeed, HDPE commands steeper gains thanks to the limited supply regionwide while the emergence of previously purchased PP cargoes at lower costs seems to cap the upside of this sector.
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28 Aug 2023

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China Morning Snapshot – 28 August 2023

The drastic surge in the local inventories is attributed to the sluggish transactions last Friday coupled with the month end closing that usually lead producers to suspend their spot offerings.
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28 Aug 2023

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

Trading sentiment on the Shenhua auction platform follow the pricing movement on the Dalian Commodity Exchange closely on the first day of the week.
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25 Aug 2023

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Statistics: Local PP, PE outputs mixed in July; PVC surged sharply.

Despite some reductions in HDPE and LDPE outputs among local plants in the month of July 2023, the overall PP, PE, and PVC production in China witnessed a gain of 2.9%
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25 Aug 2023

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China Morning Snapshot – 25 August 2023

Even though trading sentiment in the local market fell sharply toward the weekend, Sinopec and CNPC managed to deplete the collective PP and PE inventories below the 600,000 tons threshold
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