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News Insight & Analysis

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Northeast Asian ethylene market rose sharply on supply tightness
06 Sep 2021 Data from CommoPlast showed that at the current ethylene price of $1030/ton CFR Northeast Asia, local PE producers in China are facing negative margins.
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06 Sep 2021

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Local producer slashes spot PP prices in Indonesia, keep PE firm

A key local producer in Indonesia has opened fresh weekly prices with moderate price reductions on all PP grades, under extreme pressure from the distribution market.
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06 Sep 2021

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China Morning Snapshot – 06 September 2021

Apparently, spot homo-PP has more support than PE because of the shutdown at Datang Duolun Coal Chemical Corporation due to the coal consumption control.
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06 Sep 2021

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6 September 2021: Auction sales result for Shenhua's coal-based PP and PE

Demand for homo-PP remains relatively healthy compared to last week, while buyers seem to lack interest in other grades on the first trading day of the week.
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03 Sep 2021

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Singaporean PS inched higher in Malaysia on cost drive

The firmer offers are primarily driven by the stronger upstream styrene costs, which track the higher energy market and an uptick in demand in the nearby China market.
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03 Sep 2021

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China Morning Snapshot – 03 September 2021

Meanwhile, local traders attempt to push out as much quantity as possible, fearing that the market might slip into holiday moods toward the end of the month.
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03 Sep 2021

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3 September 2021: Auction sales result for Shenhua's coal-based PP and PE

Trading sentiment on the Shenhua auction platform remains healthy on the final day of the week despite the higher price levels set by the producers.
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02 Sep 2021 SPVC k64-65 SPVC k67-68

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Local producer continues to lift PVC offers in India

Sources said that the recent outages in the US due to Hurricane Ida would curtail supply in the South American market substantially, as these producers would take a couple of weeks to restore productions.
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