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News Insight & Analysis

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China Morning Snapshot – 16 March 2021
16 Mar 2021 The local ground hold firm though real transactions remain thin, according to market sources.
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15 Mar 2021 SPVC k67-68

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Taiwanese producer announced April PVC prices with a $300/ton hike

It appears that the producer is having very limited export allocation this month due to an on-going maintenance shutdown at its PVC unit in Jenwu, Taiwan.
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15 Mar 2021

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Local producer lifted PE offers in Indonesia, keep PP unchanged

The stabilising PP offers once again highlights the lack of purchasing interest among local customers for this grade after prices hit the historically high levels.
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15 Mar 2021 SPVC (A) k67-68

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Chinese carbide-based PVC producers slash operating rates on new electricity consumption rules

Also, under the new initiative, the regional government would no longer approve or approve in principle the construction of new coal chemical plants during the 14th Five-Year Plan period.
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15 Mar 2021

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China: Auction sales result for Shenhua's coal-based PP and PE

Chinese bidders become more interested in making purchases on the first trading day of the week
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15 Mar 2021

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China Morning Snapshot – 15 March 2021

Buyers shrugged off the fact that the near-term outlook would remain firm as suppliers are not facing inventory pressure and continue to focus on the export ground
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12 Mar 2021

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Local traders step back on spot PP, PE offers in Indonesia

Apparently, sales throughout the week have been unsatisfactory as local buyers are unable to transfer the higher raw materials costs to the end-product prices.
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12 Mar 2021 PET Bottle

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Import PET bottle to Indonesia extended the firming trend despite falling PTA, MEG costs

The PET bottle market seems insulated from the development on the upstream market because of the healthy demand.
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