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Price List: China’s Zhongjing continues to cut PP export offers
08 May 2023 The producer credited the underwhelming prices to the sluggish local market in China as buyers here prefer to stay on the sideline while key contracts on Dalian Commodity Exchange extend the downtrend.
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08 May 2023

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China Morning Snapshot – 08 May 2023

Following an active weekend, Chinese buyers withdraw to the sideline on the first trading day of the week to monitor the development on the Dalian Commodity Exchange.
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08 May 2023

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

Despite recording some sales, the post-holiday purchase activity is lesser than expected as buyers continue to remain vigilant with the weak energy market curtailing the overall buyer’s confidence.
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04 May 2023

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Price List: Zhongjing resumes PP export offers on a soft note

Buyers appear overwhelmed by the disappointing Chinese PMI data, the latest key interest rate hike in the US, and the nosedived crude oil prices.
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04 May 2023

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Indonesian PVC market kickstarted May with large reductions

In spite of the sizable price cut, Indonesian customers show no real interest in making large purchases citing the still soft finished goods businesses and the cloudy global economic outlook.
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04 May 2023

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China Morning Snapshot – 04 May 2023

The previous optimism over the post-Labour Day demand outlook seems to dissipate as buyers embrace a more bearish expectation following the latest interest rate hike in the US and the weakening manufacturing activities in China.
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04 May 2023

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

The Shenhua auction platform performs poorly on the first trading day following the long Labour Day holiday even though the producer allocates just a fraction of the usual allocations to the auction session.
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03 May 2023 PET Bottle

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Indonesian PET market resumes trading on a mixed note, soft demand persists

While the buying interest in this market has been soft for weeks due to the unfavourable economic conditions; trading sentiment just worsens this week following the large drop in crude oil prices.
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