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News Insight & Analysis

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China Morning Snapshot – 09 August 2023
09 Aug 2023 Despite the surges in the futures market, overall market sentiment leaves room for improvement as buyers continue to
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09 Aug 2023

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

Trading activity on the Shenhua auction platform continued to perform on the higher end as LLDPE secured more than
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08 Aug 2023

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Taiwanese major raises September PVC offers more than expected.

Although the market outlook in India and China has improved, concerns over the global economic slowdown continue to weigh on buyers’ confidence.
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08 Aug 2023

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China Morning Snapshot – 08 August 2023

On the other hand, local traders started feeling the pinch of a persistently softening purchasing interest.
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08 Aug 2023

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

The overall buying sentiment remains significantly jaded this week as trading activity on the Shenhua auction platform reduced considerably especially for LLDPE despite both homo-PP and LLDPE being CNY50/ton lower than the previous session.
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07 Aug 2023

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Price List: Zhongjing rollovers export PP offers as demand fades

In the nearby Southeast Asian market, transactions have dropped sharply over the past week as buyers resisted the recent upswing amid still dwindling end-product demand.
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07 Aug 2023

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Local PP and PE offers in Indonesia firmed up at a slower pace

Although a key domestic producer in Indonesia continues to lift spot PP and PE offers to reflect the persistently supply tightness, the pace of price increment has somewhat slowed as a result of the rapid deterioration in purchasing interest.
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07 Aug 2023

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China Morning Snapshot – 07 August 2023

Producers continue to face upward pressure from rising upstream costs and without maintaining a firm stance on the prices, loss making might ensue.
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