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News Insight & Analysis

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Malaysian producer announced February PP, PE offers with large hikes to Indonesia
26 Jan 2023 The tightening supply outlook encourage buyers, particularly in the Southern Asia region to stock materials, further bolster the uptrend.
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25 Jan 2023

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Indonesian producer surprisingly softened stance on spot PP, PE offers amid rising import market

While the latest price list was criticized for causing disruption in the distribution market, players speculated that the producer was attempting to lure customers back to the local ground
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25 Jan 2023 PPH Inj PPH Raf

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Import homo-PP continues to gallop higher in Indonesia albeit limited offers

According to data from Oanda, the Rupiah breaches below the 15,000 threshold to a US dollar for the first time over the past 90 days on the global expectation of a less hawkish FED in the next interest rate meeting.
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18 Jan 2023

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The ultra-bullish Chinese PE market: Saudi LLDPE film concluded with large hikes

The audacious purchasing activities among Chinese customers this week raise many eyebrows overseas and the risk-taking just gets bolder as the long Lunar New Year holiday draws near.
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18 Jan 2023

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China Morning Snapshot - 18 January 2023

Although the price homo-PP gap between futures and spot markets has narrowed to CNY173-223/ton ($25 – 33/ton), arbitrage traders remained active to take advantage of the situation
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18 Jan 2023

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18 January 2023- Shenhua's coal-based PP and PE Auction Results

In fact, for the first time since October 2022, PP futures on Dalian Commodity Exchange surged above the CNY8000/ton threshold, creating an eyewatering price gap between the two trading platforms.
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17 Jan 2023 HD Film LL C4 Film

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Chinese, and Vietnamese buyers scooped up Saudi PE cargoes after minor discounts

In China, trading sentiment is surprisingly strong even though the weeklong Lunar New Year holiday is just around the corner.
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17 Jan 2023

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China Morning Snapshot - 17 January 2023

Surprisingly, trading activities remain satisfactory throughout the first half of the day even though most small to medium-scale manufacturers have already suspended operation by now.
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