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News Insight & Analysis

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China Morning Snapshot – 18 November 2022
18 Nov 2022 The primary focus of the market on the final trading day of the week is the list of companies the US put under secondary sanction for dealing with Iranian cargoes.
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18 Nov 2022

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18 November 2022 - Shenhua's coal-based PP and PE Auction Results

Chinese bidders returned to the market to make replenishment on the Shenhua Auction platform as the producer agreed to CNY40-50/ton discount from the previous session.
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17 Nov 2022

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China Morning Snapshot – 17 November 2022

Trading activities are weak even after the discounts, though the manageable inventory levels allow sellers to limit any price reductions.
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17 Nov 2022

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17 November 2022 - Shenhua's coal-based PP and PE Auction Results

Toward the end of the week, Chinese bidders lose confidence in the market outlook, hence aborting replenishment on the Shenhua auction platform.
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16 Nov 2022

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Vietnamese homo-PP inches higher in China amid growingly cautious buyers

Even though the number of COVID-19 infection cases in China hit the highest levels since the pandemic, market participants continue to bet on easing lockdown measures
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16 Nov 2022

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Import PE offers to China extended the firming trend, demand for LLDPE film remains satisfactory

Data from CommoPlast suggest that on average, PE film offers gained between $15-30/ton week-on-week, and LLDPE film cargoes priced below the $900/ton threshold have not repeated.
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16 Nov 2022

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China Morning Snapshot – 16 November 2022

Chinese market participants reported significantly slower trading activities throughout today’s morning session as buyers are mostly done with replenishment
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16 Nov 2022

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16 November 2022 - Shenhua's coal-based PP and PE Auction Results

Apparently, demand for LLDPE remains relatively stronger than homo-PP, though, with CNY50/ton discount on deals compared to the previous session did help to attract LLDPE customers.
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