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News Insight & Analysis

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05 September 2023 - Shenhua's coal-based PP and PE Auction Results
05 Sep 2023 While auction prices were largely unchanged from the previous session, buyers seemed more willing to place slightly higher bids to secure the cargoes, particularly for homo-PP.
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04 Sep 2023

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Price List: Zhongjing steps back on export offers on stiff market resistance.

The latest price adjustment seems minor and might not be sufficient to support the maker to attract deals overseas. However, it is understandable.
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04 Sep 2023

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Local producer rollovers PP, PE offers in Indonesia as weak demand persists.

Sources said the continued lacking ready-stock cargoes is the main factor supporting the firm price decisions from the producer at the moment.
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04 Sep 2023

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China Morning Snapshot – 04 September 2023

Spot PP and PE offers in the domestic market track a stable trend following an abrupt surge recorded last Friday and interestingly, buyers continue to make small purchases.
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04 Sep 2023

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

Players here seem to be more bullish about the demand outlook in the coming weeks as the market enters the traditional manufacturing season in addition to the government’s latest measures to boost domestic consumption.
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31 Aug 2023

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Saudi Aramco announced the September propane price with a steep hike.

Reduced availability stemming from Saudi Arabia’s voluntary oil production cuts starting July is partly responsible for the recent rally.
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31 Aug 2023

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Domestic PP, PE offers rose sharply in Malaysia on exchange rates, supply tightness.

Naphtha-based producers across Asia have been struggling with squeezed margins for months due to strong upstream costs and weak demand, which force most plants to cut run rates to protect the bottom line.
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31 Aug 2023

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China Morning Snapshot – 31 August 2023

Chinese traders shrugged off the weak manufacturing data released by the government this morning to place more bullish bets on news that a number of local banks will be lowering interest rates on existing mortgages and deposits starting 1 September.
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