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News Insight & Analysis

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Saudi Aramco cut propane prices to Asia, ending two months of gaining streak
29 Dec 2022 Weak demand from other downstream sectors coupled with seemingly comfortable supply in the US is attributed to the price decision.
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29 Dec 2022

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China Morning Snapshot - 29 December 2022

This is the second time in 2022 the total stock fell below the 500,000 tons mark. The last time the inventories at Sinopec and CNPC’s warehouses were this depleted was on 21 January 2022.
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29 Dec 2022

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Buying interest falls sharply in Vietnam as Saudi maker set final PE prices higher than bids collected

The credit situation in Vietnam started to improve, which allows importers to resume purchasing US dollar-dominated cargoes.
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29 Dec 2022

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

Customers have completed pre-holiday replenishment and started to go off for the New Year holiday. Trading sentiment is expected to decline further in the final trading day of the year.
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28 Dec 2022

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China Morning Snapshot - 28 December 2022

At this pace, there is a probability that the domestic stocks will fall below the 500,000 tons threshold for the first time in many years.
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28 Dec 2022

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Asian PVC market expects further price hikes as demand in India remains strong

Asian market participants generally expected the maker to introduce fresh increases considering the reduced availability and the steady demand in the Indian market.
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28 Dec 2022

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

Transactions on the Shenhua auction platform fell sharply from the previous day as the producer lifted deal prices by CNY70-100/ton after the strong sales results.
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27 Dec 2022

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Vietnamese homo-PP extended the firming trend in Indonesia

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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