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News Insight & Analysis

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Chinese players: Stabilizing local market leaves limited room for export price cuts
16 May 2022 The development left a very narrow gap between the local and export ground, which means it might not be profitable for Chinese sellers to export if the current condition persists.
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16 May 2022 SPVC k67-68 SPVC (A) k67-68

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Chinese PVC suppliers focus on export as COVID-19 lockdowns bite local demand

The domestic PVC market in China is now in its fifth week of decline as the COVID-19 containment measures disrupted construction activities and send the Dalian Commodity Exchange into a bear market.
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16 May 2022

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China Morning Snapshot – 16 May 2022

Trading sentiment remains soft throughout the first half of the day as market participants adopt a cautious stance to monitor further development.
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13 May 2022

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[FREE] 13 May 2022 - Shenhua's coal-based PP and PE Auction Results

With additional price cuts from the previous session, Chinese bidders become more interested to return to the Shenhua auction platform on the final trading day of the week.
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13 May 2022

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Vietnamese customers remain reluctant as import homo-PP fell below $1300/ton mark

Negotiations are so fierce that bids for non-dutiable cargoes originating from China and South Korea emerge at $1200-1210/ton, based on the CIF term.
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13 May 2022

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China Morning Snapshot – 13 May 2022

Several trading houses confirmed the sluggish buying sentiment, complaining of the poor number of inquiries from both local and overseas buyers.
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12 May 2022

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[FREE] 12 May 2022 - Shenhua's coal-based PP and PE Auction Results

The mediocre number of transactions recorded on the Shenhua auction platform comes as a surprise considering the fact that the maker has not adjusted the deal prices
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12 May 2022

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Statistics: China’s local petchem outputs plunged in April due to outbreak

Supply continued to exceed demand in April following the lockdown in Shanghai that disrupt the supply chain, causing serious storage pressure.
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