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News Insight & Analysis

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Vietnamese homo-PP market climbs higher despite the sluggish China market
16 Jun 2022 The development as if sellers are attempting to detach from the bearish China market, instead, focusing primarily on their own inventory levels and the rising energy costs. However, buyers do not seem to agree.
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16 Jun 2022

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Statistics: China’s petchem production outputs recovered in May

Despite the 12.8% growth rate, production for LLDPE has been struggling to return to anywhere near the 1 million tons threshold, which was last seen in January this year.
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16 Jun 2022

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Chinese PVC market resumes falling as demand recovery outlook clouded

China refuses to abort the ‘Zero Covid’ policies while a large of the world has transitioned into the endemic phase. As a result, the demand recovery progress, not only in the PVC sector but the petrochemical industry as a whole, hinges on whether there would be a flare-up in the infection cases.
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16 Jun 2022

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China Morning Snapshot – 16 June 2022

While the Dalian Commodity Exchange continue to reflect the bearish global equity market, Chinese PP and PE suppliers find it challenging to offer spot prices in the opposite directions.
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15 Jun 2022

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[FREE] 15 June 2022 - Shenhua's coal-based PP and PE Auction Results

Transactions on the Shenhua auction platform pick up by mid of the week as the producer agreed to keep deal prices at the competitive side, creating an attractive gap with the Dalian Commodity Exchange
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15 Jun 2022

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China Morning Snapshot – 15 June 2022

The domestic spot market remains largely unchanged from the previous session. Customers are still not confident in making large purchases, which encourages suppliers to offer another round of minor discounts.
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14 Jun 2022

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

Compared to the previous day, trading activities have shown improvement on the Shenhua auction platform following a steep discount on most of the available grades.
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14 Jun 2022

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China Morning Snapshot – 14 June 2022

Several Chinese sellers also complained about weaker demand from South American customers this week, which might add more pressure to the already sluggish domestic market.
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