Another Saudi maker announced August PE offers to Asia with increases

24 Jul 2023 In Vietnam, bids emerge at between $30-50/ton below the initial price list. The producer is scheduled to announce the final prices on Tuesday, 25 July.

24 Jul 2023

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

Trading activity on the Shenhua auction platform descended at the start of the week despite auction prices for homo-PP being CNY20/ton lower while LLDPE was significantly reduced by CNY100/ton

22 Jul 2023

Saudi Arabia producer opens August PP, PE offers to Asia largely on a firm note

A key Saudi Arabia producer has reportedly opened August shipment offers for PP and PE to Asia largely with increases from July, taking advantage of the upward momentum in this region while supply is tight due to the recent production disruption.

22 Jul 2023 LD Film

Chinese LDPE film market at multi-month highs amid improved demand outlook

Chinese buyers have been more active in making purchases over the past week on a brighter market outlook as the Chinese government starts to implement a more proactive approach in boosting the local economy

21 Jul 2023

China Morning Snapshot – 21 July 2023

The menial reduction in the inventory is a reflection of the muted trading activities as buyers have largely completed their purchases.

21 Jul 2023

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

A trader added that deals for LLDPE were exemplary due to prices being more competitive than the local spot cargoes as well as the limited auction volume for the grade.

20 Jul 2023

China Morning Snapshot – 20 July 2023

Buyers have largely completed their purchases and prefer to wait on the sidelines now that the bull run on the Dalian Commodity Exchange started losing steam.

20 Jul 2023

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

Despite the CNY50/ton hike on both homo-PP and LLDPE contracts, prices were still considered more attractive than local price levels therefore, customers opted to source some cargoes.

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