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News Insight & Analysis

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Local PVC market hit 2021’s new highs in China on tight supply outlook
07 Sep 2021 Chinese suppliers are expected to focus more on the local ground moving forwards considering the satisfactory demand conditions here, and the vessel shortages that heavily impacted export activities.
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07 Sep 2021

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China Morning Snapshot – 07 September 2021

Trading sentiment remains on the flatline even though sellers attempted to increase PP and PE offers to reflect the bullish futures market.
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07 Sep 2021

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7 September 2021: Auction sales result for Shenhua's coal-based PP and PE

Chinese bidders return to the auction platform to make purchases following a brief reluctance in the previous day.
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06 Sep 2021

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Northeast Asian ethylene market rose sharply on supply tightness

Data from CommoPlast showed that at the current ethylene price of $1030/ton CFR Northeast Asia, local PE producers in China are facing negative margins.
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06 Sep 2021

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Local producer slashes spot PP prices in Indonesia, keep PE firm

A key local producer in Indonesia has opened fresh weekly prices with moderate price reductions on all PP grades, under extreme pressure from the distribution market.
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06 Sep 2021

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China Morning Snapshot – 06 September 2021

Apparently, spot homo-PP has more support than PE because of the shutdown at Datang Duolun Coal Chemical Corporation due to the coal consumption control.
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06 Sep 2021

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6 September 2021: Auction sales result for Shenhua's coal-based PP and PE

Demand for homo-PP remains relatively healthy compared to last week, while buyers seem to lack interest in other grades on the first trading day of the week.
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03 Sep 2021

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Singaporean PS inched higher in Malaysia on cost drive

The firmer offers are primarily driven by the stronger upstream styrene costs, which track the higher energy market and an uptick in demand in the nearby China market.
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