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News Insight & Analysis

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07 March 2024 - Shenhua's coal-based PP and PE Auction Results
07 Mar 2024 After noting consistent pricing, customers were observed restocking coal-based cargoes as the auction prices are still more competitive than regular parcels in the domestic spot market.
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06 Mar 2024

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Middle Eastern LDPE film inches lower in China amid stiff buyer resistance

The Chinese LDPE film market has been steadily climbing higher since early 2024 stemming from the expectations that deep-sea cargoes from the US and Iran would be limited
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06 Mar 2024

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China Morning Snapshot – 06 March 2024

Buyers who have been delaying purchases are refilling need-based cargoes, while others continue to monitor to see if better offers become available.
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06 Mar 2024

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06 March 2024 - Shenhua's coal-based PP and PE Auction Results

Thanks to the rebounded Dalian Commodity Exchange and Shenhua’s effort to lure customers back to the auction platform by cutting deal prices, the auction session concluded with concrete results.
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05 Mar 2024

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Local traders offer discounts on PP, PE cargoes in Indonesia as the market awaits the final import quota decision

Although new offers are softer, traders are cautious in adjusting their prices as relevant authorities including the Ministry of Trade and the Ministry of Industry have not signed any official Circular pertaining to the decision.
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05 Mar 2024

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Dalian Commodity Exchange: 05 March 2024

The 2405 for May 2024 delivery contract on Dalian Commodity Exchange on 05 March 2024 settled as follows:
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05 Mar 2024

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China Morning Snapshot – 05 March 2024

Undeniably, the combined stocks of Sinopec and CNPC linger above 900,000 tons at the time of this report. In normal circumstances, this would indicate the intense inventory pressure
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05 Mar 2024

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05 March 2024 - Shenhua's coal-based PP and PE Auction Results

Trading sentiment on the Shenhua auction platform continues to decline in the second session of the week with coal-based LLDPE film cargoes achieving just 30% of transactions from the available quantity.
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