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News Insight & Analysis

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Local homo-PP market in Vietnam nosedive facing weak demand, improved supply
11 Nov 2021 Facing the constantly falling import offers and the sluggish post-COVID-19 lockdown demand, local traders in Vietnam have limited choices but to slash spot homo-PP prices sharply to entice buying interest,
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11 Nov 2021

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Indonesian PET bottle market extended weakening trend as monsoon hit demand

In the upstream market, both PTA and MEG have regained some stabilization after the recent dip, though with the off-peak season taking place, sources said that PTA operators would depend heavily on the demand for clothes and garments in spring to support the prices.
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11 Nov 2021

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China Morning Snapshot – 11 November 2021

Trading sentiment is sluggish; however, sellers are in no rush to make downward adjustments to monitor the logistics conditions
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11 Nov 2021 SPVC k67-68

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Asian players expect moderate to large reductions in December PVC offers

As the local market in China recovers, it takes some of the pressure off the market. Chinese suppliers are in no mood to concede to additional discounts and might increase prices even, if the Dalian Commodity Exchange extends the gains
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10 Nov 2021

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[FREE] 10 November 2021 - Shenhua's coal-based PP and PE Auction Results

Buying interest for homo-PP cargoes immediately drop after the producer set deal prices higher than the previous session, indicating the highly price sensitive among buyers.
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10 Nov 2021

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China Morning Snapshot – 10 November 2021

The domestic spot market inched lower following the development on the Dalian Commodity Exchange
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09 Nov 2021

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[FREE] 9 November 2021 - Shenhua's coal-based PP and PE Auction Results

Chinese bidders continue to actively procure cargoes on the Shenhua Auction Platform for the second day straight, following the positive development on the crude oil market and the Dalian Commodity Exchange
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09 Nov 2021

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Local PE market in China inch higher on tighter supply, PP seems slack

Spot HDPE and LLDPE film rose between CNY100-150/ton from the previous week, yet the number of transactions reportedly remains satisfactory while homo-PP merely halts the recent fall.
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