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China Morning Snapshot – 28 July 2021
28 Jul 2021 The rebound on Dalian Commodity Exchange encourages buyers to return to make some replenishment, though with caution.
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28 Jul 2021

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Another Saudi Arabia producer announces August PP, PE offers to Vietnam

In spite of the large increases, sources said that the producer’s latest offers are in-line with the market levels while attempting to negotiate for discounts on deals.
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28 Jul 2021

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28 July 2021: Auction sales result for Shenhua's coal-based PP and PE

Transactions remain strong by mid of the week on the Shenhua auction platform, indicating confidence among Chinese bidders.
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27 Jul 2021

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Saudi major opened August PE shipment offers to China, Indonesia

Despite the large increases, prices to China remain well below other regions, hence market sources expect the supplier diverts more cargoes to higher margins markets.
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27 Jul 2021

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Key Malaysian producer lifted August PP, PE offers to the local market

The buying sentiment in Malaysia has been dwindling for weeks because manufacturers have either slashed operating rates or even shut down in compliance with the Movement Control Order (MCO).
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27 Jul 2021

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China Morning Snapshot – 27 July 2021

As expected, trading sentiment in the domestic spot market remains soft on the second trading day of the week.
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27 Jul 2021

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27 July 2021: Auction sales result for Shenhua's coal-based PP and PE

Chinese bidders are more active on the second trading day of the week after the supplier agrees to some discounts amid the sluggish futures market.
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26 Jul 2021

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Domestic maker maintains PP, PE offers stable in Indonesia

Manufacturers in the packaging sector are monitoring how quickly end-product buyers resume operation while holding a conservative stance and prefer to consume the on-hand inventories instead of making fresh purchases.
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