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China Morning Snapshot – 25 September 2023
25 Sep 2023 Most traded PP and LLDPE contracts on the Dalian Commodity Exchange ended the morning session with additional losses, marking the fourth consecutive session of decline on concerns over the macro-economic outlook.
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25 Sep 2023

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25 September 2023 - Shenhua's coal-based PP and PE Auction Results

The coal-based producer introduced CNY10-20/ton discounts on auction prices for homo-PP and HDPE, yet the transactions remained disappointing.
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23 Sep 2023

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Southeast Asian homo-PP market gallops higher; weak demand persists.

In the upstream market, crude oil futures lingered above the $90/barrel threshold as Saudi Arabia and Russia curbed outputs, which pushed naphtha and propane – two key feedstocks in propylene production, higher.
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22 Sep 2023

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Chinese PET bottle offers track stable to firmer trend on heightened cost pressure.

Chinese PET bottle suppliers fall under pressure to maintain selling prices on a firm note as the rally in crude oil futures elevated upstream PTA and MEG costs.
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22 Sep 2023

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China Morning Snapshot – 22 September 2023

With the uncertain demand outlook in October, Chinese sellers are not willing to take the risk of holding on to the stocks.
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22 Sep 2023

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22 September 2023 - Shenhua's coal-based PP and PE Auction Results

Chinese bidders find the adjustments appealing, resulting in strong number of transactions on the final trading day of the week.
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21 Sep 2023

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Vietnam’s LSP started offering commercial PP, PE cargoes in Indonesia.

On the other hand, market players are monitoring the operating rates at LSP’s plants bearing concerns that high naphtha cost and squeezed margins might encourage the maker to maintain low utilization rates
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21 Sep 2023

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Indonesian producer surprisingly lifted local PE offers for the second time this week.

Delayed in delivery of previously purchased parcels coupled with the strong upstream cost outlook are cited as the primary support behind the latest hikes.
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