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News Insight & Analysis

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Local producer continues lifting PP offers in Indonesia, maintains PE unchanged
19 Jul 2021 Besides the lower operating rates, demand in the thermoforming cup and household items that use injection grades has been declining since the lockdown takes place.
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19 Jul 2021

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China Morning Snapshot – 19 July 2021

Trading sentiment picks up visibly throughout the early trading hours of the day with support from the rebounded futures market.
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19 Jul 2021

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

Chinese buyers return to the market with a strong replenishing appetite after days of waiting on the sideline in the previous week.
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16 Jul 2021

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Tight supply continues to push Chinese PE market higher

Sources informed that Middle Eastern sellers are offering at much lower levels, however, the available allocations are so limited, most buyers are unable to obtain the needed quantity.
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16 Jul 2021

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China Morning Snapshot – 16 July 2021

In the meantime, more Chinese traders are complaining about running low in PE inventories due to the delay in import arrivals.
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16 Jul 2021

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

Following a reduction in the available auction quantities and the uptick in export activities, the number of transactions improved sharply from the previous day.
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15 Jul 2021

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Chinese PP sellers: Export window cracks open, but not to Southeast Asia

Key importers in the South Asian region seem bullish about the near-term demand outlook, which encourages replenishment activities that eventually pushes prices higher.
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15 Jul 2021

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China Morning Snapshot – 15 July 2021

Meanwhile, local suppliers continue to express deep concerns over the declining import arrivals of PE cargoes.
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