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News Insight & Analysis

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Domestic PP, PE offers in Indonesia extended the firming trend amid tight availability
31 Jul 2023 Indonesian customers have been slowing down on purchases since last week while escalating the effort to transfer the rising raw materials costs to finished products, which proved to be more challenging than expected.
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31 Jul 2023

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China Morning Snapshot – 31 July 2023

The larger-than-usual rise in domestic inventories is attributed to the fact that both producers suspended their spot offerings last Friday, having depleted a good number of cargoes beforehand.
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31 Jul 2023

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31 July 2023 - Shenhua's coal-based PP and PE Auction Results

Shenhua concluded business for the month of July 2023 on a disappointing note as transactions for all available grades plummeted following the weakened Dalian Commodity Exchange.
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29 Jul 2023

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Vietnamese homo-PP market extended the firming trend despite softer buying interest

It has been several weeks since key Middle Eastern suppliers are absent from the Vietnamese PP market as these sellers prefer to divert the tight allocations to higher margins export destinations, including India.
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28 Jul 2023

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Malaysian producer cuts local LDPE offers while keeping HDPE and PP on a firm note

Sources reported stable demand conditions in Malaysia amid improving market prospects, in line with the bullish sentiment surrounding the global economy outlook.
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28 Jul 2023

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China Morning Snapshot – 28 July 2023

Nevertheless, within this week, the local inventories fell 17.2% or 115,000 tons to the the level last seen before Lunar New Year on 20 January 2023
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28 Jul 2023

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

Chinese bidders remain enthusiastic about making replenishment on the final trading day of the week after key PP contracts on Dalian Commodity Exchange hit the highest levels since April 2023
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27 Jul 2023

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Statistics: China’s PP, PE import arrival recovered further in June

Nevertheless, in the first six months of 2023, China imported a total of 2.4 million tons of HDPE – down 18% compared to the same period in 2022.
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