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News Insight & Analysis

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Downtrend extended in the domestic PP and PE market in Indonesia
18 Jul 2022 Indonesian customers said that the local market has been retaining an extravagant premium over imports for weeks on the back of the exchange rates.
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18 Jul 2022

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China Morning Snapshot – 18 July 2022

In spite of the rebound in the futures market, spot PP and PE offer extended the weakening trend with LLDPE film breaches below the CNY8,000/ton threshold for the first time in 13 months.
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15 Jul 2022

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[FREE] 15 July 202 - Shenhua's coal-based PP and PE Auction Results

The number of transactions recorded for coal-based PP on the Shenhua auction platform remains healthy on the final trading day of the week regardless of the steady deal price levels.
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15 Jul 2022

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Chinese PVC market hit two-year lows on deepening property market turmoil

According to data from CommoPlast, spot carbide-based and ethylene-based PVC are now at the lowest levels since mid-August 2020 and market participants are not bullish about the near-term outlook.
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15 Jul 2022

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China Morning Snapshot – 15 July 2022

Apparently, the domestic spot market has been working hard to keep PP and PE prices above the CNY8,000/ton threshold for days
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14 Jul 2022

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[FREE] 14 July 2022 - Shenhua's coal-based PP and PE Auction Results

In fact, transacted prices have been largely stable for a couple of weeks, from which players must now ask the question if the local market has found the floor?
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14 Jul 2022

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South Korean homo-PP breached below $1100/ton mark in Vietnam

Vietnamese customers have been raising concerns over the recurrent COVID-19 related lockdown in China that further hamper the already dwindling end-product businesses amid the falling export orders.
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14 Jul 2022

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China Morning Snapshot – 14 July 2022

In the meantime, market participants cautiously monitor the infrastructure funding release progress to gauge the near-term outlook.
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