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News Insight & Analysis

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China Morning Snapshot – 11 May 2022
11 May 2022 There has been heavy discussion on the potential rebound trend in the near term and market participants prefer to remain cautious citing the weak end-product export orders.
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10 May 2022

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[FREE] 10 May 2022 - Shenhua's coal-based PP and PE Auction Results

For the second day in a row, Chinese bidders abandoned Shenhua coal-based cargoes amid the plunging futures market. Players are cautious, fearing the gloomy global economic outlook would hurt demand.
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10 May 2022

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China Morning Snapshot – 10 May 2022

The number of transactions observed throughout the morning session fell sharply from the previous day despite the additional price cuts.
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09 May 2022

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[FREE] 9 May 2022 - Shenhua's coal-based PP and PE Auction Results

Chinese bidders are losing purchasing appetite as the government raise concerns over the unemployment rates in Shanghai and Beijing
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09 May 2022

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Price List: China’s Zhongjing continues to lower export PP offers

Although Chinese PP producers are operating at lower rates, the outbreak severely curtail demand as manufacturers are unable to export their cargoes amid the torrid port congestion.
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09 May 2022

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Indonesian PP, PE market comes back from the holiday on a stable note

Trading sentiment is weak. Manufacturers are returning to work gradually, though many decision makers are still away from their desks, which could lead to another week of quietness.
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09 May 2022

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China Morning Snapshot – 9 May 2022

Sources said that May and June are the traditionally low demand season, which coupled with the pandemic situation, might weigh on the near-term demand outlook.
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06 May 2022

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[FREE] 6 May 2022 Shenhua's coal-based PP and PE Auction Results

Clearly, without the incentive, Chinese buyers are not interested in making large purchases when the government is doubling down on the ‘Zero Tolerance” policies on COVID-19.
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