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News Insight & Analysis

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10 April 2023 - Shenhua's coal-based PP and PE Auction Results
10 Apr 2023 For all the demand witnessed by LLDPE, the bulk of its’ orders come from the Northwestern region due to supply frailties whereas in other areas, orders are rather mediocre.
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07 Apr 2023

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China Morning Snapshot – 07 April 2023

Attempts to maintain spot PP and PE offers unchanged in the previous session obviously backfired, as it reflected in the disappointing number of transactions.
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07 Apr 2023

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07 April 2023 - Shenhua's coal-based PP and PE Auction Results

Although the number of deals concluded on the Shenhua auction platform dropped slightly compared to the previous session, ones could argue that the percentage of deals remains relatively satisfactory.
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06 Apr 2023

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Import homo-PP rebounded in Vietnam; sustainability remains in question

Prior to the rebound, Vietnamese and Asian buyers have been relatively bullish about the demand prospect in May citing the recovering Chinese economy.
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06 Apr 2023

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China Morning Snapshot – 06 April 2023

Except for LLDPE film, traders here witness mediocre purchasing activities for all other grades, a sign that buyers are not attracted to the current prices.
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06 Apr 2023

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06 April 2023 - Shenhua's coal-based PP and PE Auction Results

Shenhua auction resumes trading following the brief holiday on a strong note after the producer agreed to discounts of CNY70/ton on homo-PP and CNY30/ton on LLDPE cargoes.
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05 Apr 2023

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Local producer cuts April PVC offers in Indonesia, halting three-month hiking streak

Apparently, Indonesian buyers remain unfazed by the latest offers partly because of the persistently sluggish finished goods businesses and the lingering expectations that the market might soften further.
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04 Apr 2023

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China Morning Snapshot – 04 April 2023

Investors shrugged off the 6% rise in crude oil prices to focus on the heightening inflationary pressure that could impact the demand.
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