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News Insight & Analysis

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Vietnamese homo-PP extended the firming trend in Indonesia
27 Dec 2022 While trading activities across Southeast Asia have been softening amid the holiday season, three major Vietnamese PP producers decided to lift import offers to Indonesia this week.
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27 Dec 2022

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Thai’s PE inches higher in Indonesia, supply concerns encourage purchases

Unlike the previous weeks, Indonesian customers are more willing to negotiate and enter deals on the concern that the recent winter storm in the US might curtail global supply and push prices drastically higher.
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27 Dec 2022

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China Morning Snapshot - 27 December 2022

Most traded PP and LLDPE contracts on Dalian Commodity Exchange rebounded from the previous dives after Beijing announced the plan to scrap the quarantine requirements on inbound travellers, further easing the Zero-Covid policy.
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27 Dec 2022

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27 December 2022 - Shenhua's coal-based PP and PE Auction Results

Trading activities on the Shenhua auction platform remain healthy as news of China quashing quarantine requirements for international travellers boost buyers’ confidence.
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26 Dec 2022

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US petrochemical plants shut down amid subfreezing temperature in winter storms

Unlike the winter storm in February 2021, USA producers actively implemented measures to protect their critical equipment, including insulation and steam tracing.
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26 Dec 2022

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Price List: Zhongjing cuts PP export offers on falling local demand

The new price list showed a $20/ton reduction on all available grades from the previous price list, reflecting the persistently weak demand at home and overseas.
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26 Dec 2022

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Local PP, PE offers in Indonesia merely changed amid the holiday week

Trading activities in Indonesia have been dwindling over the past several days as market participants take off for the Christmas and New Year holidays.
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26 Dec 2022

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China Morning Snapshot - 26 December 2022

Major PP and LLDPE contracts on Dalian Commodity Exchanged ended the morning session in the red on the growing concern over the near-term demand outlook as the COVID-19 outbreak spread.
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