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News Insight & Analysis

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China Morning Snapshot – 07 November 2022
07 Nov 2022 Major contracts on Dalian Commodity Exchange ended the morning session in the red after Health Authority reiterated last Saturday that the government has no plans to ease the Zero-Covid policy anytime soon.
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07 Nov 2022

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

However, the trading sentiment weakened visibly after the Chinese Health Authorities reiterated the unwavering stance toward the Zero-Covid policy last Saturday.
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04 Nov 2022

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Chinese LLDPE and LDPE film market hit 26-month lows amid persistently weak demand

At the 2022 peak, the average import LDPE film prices carried a premium of about $260/ton over LLDPE film during March, the figure has now fallen to just slightly above $80/ton.
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03 Nov 2022

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Vietnamese homo-PP breached below $1000/ton mark in Indonesia

There are simply no other markets throughout Asia that can absorb the cargo at the moment, hence, sellers have a very limited alternative in attracting deals.
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03 Nov 2022

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Saudi Aramco announced November propane prices to Asia with increases

This is because the demand from the downstream petrochemical industry across Asia remains sluggish and many plants in this region are operating at reduced rates, affecting the demand for feeds.
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03 Nov 2022

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China Morning Snapshot – 03 November 2022

A trader told CommoPlast that import arrival this month would be lower than the previous few months, hence, inventory pressure would be manageable.
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03 Nov 2022

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

Transactions remain satisfactory, but dropped from the previous day, signalling that buyers continue to resist any attempt to increase prices.
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27 Oct 2022

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China Morning Snapshot – 27 October 2022

Transactions recorded throughout the morning session are largely in small quantities amid the reticence to build stocks.
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