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News Insight & Analysis

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Statistics: China’s local polyolefins output mixed in June
13 Jul 2021 As demand from the downstream processing plants started to pick up, polyolefin production in the country is likely to improve further in July.
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13 Jul 2021

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China Morning Snapshot – 13 July 2021

There have been market talks pertaining to the electricity limitation in the Guangdong area that restrict operating rates.
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13 Jul 2021

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

The number of transaction in today’s auction session plunged sharply from the previous day, reflecting the stiff resistance among bidders as prices move higher.
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12 Jul 2021

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Domestic PP, PE offers in Indonesia mixed; demand remains sluggish

Indonesian customers maintain a calm stance towards the latest price list while continuing to source hand-to-mouth from the distribution market, where traders are more willing to negotiate.
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12 Jul 2021

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China Morning Snapshot – 12 July 2021

The upswing in the futures market pulls spot prices higher, however, customers are unable to accept the abrupt price adjustment.
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12 Jul 2021

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

The number of transactions on the Shenhua auction platform picks up strongly on the first trading day of the week, however, prices have not changed significantly.
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09 Jul 2021

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China Morning Snapshot – 09 July 2021

The stronger Dalian Commodity Exchange encourages local producers to lift spot PP and PE prices, however, traders said that the price list does not reflect the demand condition.
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09 Jul 2021

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As import homo-PP prices below $1200/ton disappear, so does Vietnamese buying interest

In spite of the fact that the near-term outlook remains firm, Vietnamese buyers are not interested in making fresh replenishment at the new price levels, especially after its commercial hub – Ho Chi Minh city is put under two weeks lockdown.
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