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News Insight & Analysis

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China Morning Snapshot – 15 November 2021
15 Nov 2021 The falling futures market drags domestic spot PP and PE prices lower, however, customers are also more willing to make replenishment after the reductions.
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12 Nov 2021

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[FREE] 12 November 2021 - Shenhua's coal-based PP and PE Auction Results

Despite higher deal prices, Chinese buyers seem more active in making replenishment taking support from the rising Dalian Commodity Exchange.
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12 Nov 2021

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China Morning Snapshot – 12 November 2021

Apparently, buyers are not the only ones lacking confidence in the near-term outlook, even local traders are cautious
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11 Nov 2021

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[FREE] 11 November 2021 - Shenhua's coal-based PP and PE Auction Results

The producer steps back on the auction prices for coal-based homo-PP cargoes after facing resistance in the previous session
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11 Nov 2021

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Local homo-PP market in Vietnam nosedive facing weak demand, improved supply

Facing the constantly falling import offers and the sluggish post-COVID-19 lockdown demand, local traders in Vietnam have limited choices but to slash spot homo-PP prices sharply to entice buying interest,
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11 Nov 2021

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Indonesian PET bottle market extended weakening trend as monsoon hit demand

In the upstream market, both PTA and MEG have regained some stabilization after the recent dip, though with the off-peak season taking place, sources said that PTA operators would depend heavily on the demand for clothes and garments in spring to support the prices.
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11 Nov 2021

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China Morning Snapshot – 11 November 2021

Trading sentiment is sluggish; however, sellers are in no rush to make downward adjustments to monitor the logistics conditions
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11 Nov 2021 SPVC k67-68

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Asian players expect moderate to large reductions in December PVC offers

As the local market in China recovers, it takes some of the pressure off the market. Chinese suppliers are in no mood to concede to additional discounts and might increase prices even, if the Dalian Commodity Exchange extends the gains
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