Local PP, PE market extended the weakening trend; demand remains subdued

30 May 2022 Indonesian buyers said spot offers in the import and the distribution market are much more competitive than the producer’s latest price list. Substantial discounts must be made available in order to entice demand.

30 May 2022

Dalian Commodity Exchange: 30 May 2022

The 2209 for September 2022 delivery contract on Dalian Commodity Exchange on 30 May 2022 settled as follows:

30 May 2022

China Morning Snapshot – 30 May 2022

The Shanghai municipal government has unveiled economic support including tax rebates, accelerated approvals for property projects, and unconditional reopening of the manufacturing sector.

26 May 2022

[FREE] 26 May 202 - Shenhua's coal-based PP and PE Auction Results

The number of transactions for both PP and PE on the Shenhua auction platform picks up sharply toward the end of the week after the government vows to stimulate economic growth that pushes the futures market higher.

26 May 2022

China Morning Snapshot – 26 May 2022

The Chinese authorities on Wednesday, 25 May said the country will bring the economic growth back on track using ‘targeted, forceful, and effective’ measures.

25 May 2022

[FREE] 25 May 2022 - Shenhua's coal-based PP and PE Auction Results

For another trading session, the number of deals concluded for homo-PP on the Shenhua auction platform is much better than LLDPE.

25 May 2022

South Korean homo-PP breached below the $1200/ton mark in Vietnam

Apparently, the recent downtrend in the Vietnamese homo-PP market is driven primarily by the hyper-competition among South Korean suppliers while Chinese sellers decided to withdraw to the sideline, refusing to sell at losses.

25 May 2022 PPH Raf

Indonesian buyers: Homo-PP prices are not low enough to induce bottom fishing

Demand in the woven bag sector remains weak. Converters are in no mood to build raw materials stocks to avoid a potentially cashflow tightness amid the cloudy economic outlook. Buy ideas for South Korean cargoes are prevalently at $1200/ton CIF Indonesia.

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