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News Insight & Analysis

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Import PP market in China stabilizes, but sustainability in question
02 Aug 2022 Import PP offers to China started to show signs of stabilization after months of tracking the downtrend as international suppliers are now free from sales pressure after slashing prices substantially last week to move quantities.
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02 Aug 2022

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China Morning Snapshot – 02 August 2022

Chinese customers prefer to source small quantities from the domestic market after spot PP and PE offers softened slightly from the previous session while end-product businesses remain dwindling.
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01 Aug 2022

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[FREE] 1 August 2022 - Shenhua's coal-based PP and PE Auction Results

The number of transactions on the Shenhua auction platform remain surprisingly strong on the first trading day of the week after a private poll showed China’s manufacturing activities grew in a slower pace in July.
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01 Aug 2022

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Saudi Aramco opens August propane prices with additional decreases

Saudi Aramco has opened August propane prices to Asia with additional decreases, marking the 4th consecutive month of decline on soft demand condition.
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01 Aug 2022

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Local PP, PE offers in Indonesia continue slide as buyers stay on the sideline

Trading activities show no signs of improvement on the first trading day of the week. Indonesian buyers continue to adopt a wait-and-see stance, believing that the market still has room for further reductions ahead.
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01 Aug 2022

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China Morning Snapshot – 01 August 2022

Key contracts on the Dalian Commodity Exchange traded sluggishly throughout the early trading hours after the National Bureau of Statistics released official data on the country’s manufacturing activities in July, which showed a contraction
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28 Jul 2022

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[FREE] 28 July 2022 - Shenhua's coal-based PP and PE Auction Results

Toward the end of the month, the available quantities for auction reduce sharply, however, buying appetite remains healthy thanks to the support from the rising futures market.
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28 Jul 2022

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China Morning Snapshot – 28 July 2022

Key contracts for September delivery concluded the morning session with sharp gains, reflecting the development across the global equity market. Risks appetite increase after the FED signalled a slowdown in interest rate hike moving forward
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