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News Insight & Analysis

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Indonesian PE market hit a peak as buyers resisted the dramatic surge
18 Jan 2024 Looking forward, the Indonesian PE market is expected to knot up in a tug-of-war between dimming buying interest and an uncertain supply outlook stemming from the ambiguous import quota application processes.
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18 Jan 2024

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China Morning Snapshot – 18 January 2024

Local sellers noted sluggish buying activities among customers this morning, with those who recently made purchases adopting a cautious "wait and see" stance.
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18 Jan 2024

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18 January 2024 - Shenhua's coal-based PP and PE Auction Results

Market players are speculating on a potentially stronger trend for PE compared to PP due to higher import dependency for PE, coupled with a weak export window for PP.
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17 Jan 2024

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China Morning Snapshot – 17 January 2024

Following several consecutive days of active restocking in the local market, Chinese sellers reported a visible slowdown in today’s session.
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17 Jan 2024

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17 January 2024 - Shenhua's coal-based PP and PE Auction Results

Trading sentiment on the Shenhua auction platform weakened slightly in today’s session though the number of deals achieved are still deemed satisfactory.
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16 Jan 2024

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Key Malaysian maker lifted February PE offers to Vietnam by $100/ton

A major Malaysian producer has reportedly announced February shipment offers for PE to Vietnam market with $100/ton hikes from the previous month
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16 Jan 2024

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China Morning Snapshot – 16 January 2024

Local sellers have actively pursued deals this morning, noting a consistent interest from buyers who are keen on purchasing cargoes amid the ongoing rebound trend.
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16 Jan 2024

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Asian ethylene market rebounded on tighter availability; near-term outlook remains cloudy

An uptick in replenishment activities coupled with tightening availability for February shipment are the main factors elevating the market.
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