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News Insight & Analysis

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China Morning Snapshot – 29 April 2022
29 Apr 2022 The outbreak in Shanghai seems under control. Local government started to distribute shopping vouchers, which is expected to stimulate spending after weeks of strict lockdown.
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27 Apr 2022

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[FREE] 27 April 2022 - Shenhua's coal-based PP and PE Auction Results

The number of transactions on the Shenhua auction platform remains healthy, which Chinese players attributed to the attractive price levels
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27 Apr 2022

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Domestic producer cuts May PP, PE offers in Malaysia

The depreciated Malaysian Ringgit against the US dollar coupled with the ongoing price correction across the Southeast Asia region is the primary driver behind the new price decision.
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27 Apr 2022

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China Morning Snapshot – 27 April 2022

Customers claimed to have made comfortable replenishment over the past several days and with Beijing escalating the effort to contain the rising number of COVID-19 infection cases, buyers just prefer to remain cautious.
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26 Apr 2022

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[FREE] 26 April 2022 - Shenhua's coal-based PP and PE Auction Results

The number of transactions on the Shenhua auction platform rebounded strongly on the second trading day of the week after the producer agreed to large discounts compared to the previous day.
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26 Apr 2022

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China Morning Snapshot – 26 April 2022

Chinese market participants are wary of the spreading infection cases in Beijing and prefer to focus on the delivery of the previously purchased cargoes to avoid another potential logistic constraint.
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25 Apr 2022

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[FREE] 25 April 2022 - Shenhua's coal-based PP and PE Auction Results

Trading sentiment plunged on the first trading day of the week after a rise in COVID-19 infection cases in Beijing sparked jitters about a potential lockdown, hampering the market confidence.
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25 Apr 2022

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Price List: China’s Zhongjing cuts export PP offers amid falling local market

As reported earlier, spot homo-PP offers traded in Eastern China fell CNY100/ton to CNY 8600-8750/ton including VAT ($1164-1184/ton excluding VAT) while September delivery contracts loses three digits in value by the end of the trading session.
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