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News Insight & Analysis

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Local maker up-adjusted PP offer in Indonesia for the second time this week
29 Sep 2021 A key local producer in Indonesia has revised spot PP offers to the domestic market for the second time this week following the bullish sentiment in China
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29 Sep 2021 PPH Inj PPH Raf

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Import homo-PP market rose sharply in SEA as spillover effects from China

Apparently, offers to Vietnam registered the strongest hike in comparison to other Southeast Asian markets as the country starts to reopen from months of strict COVID-19 lockdown.
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29 Sep 2021 PPH Inj PPH Raf

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Chinese homo-PP market: Buyers flock to the import market on skyrocketing local offers

Both converters and traders are abandoning the unattractive local market to circle the import ground to secure the last of the competitive parcels offered by international suppliers.
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28 Sep 2021

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[FREE] 28 September 2021: Shenhua's coal-based PP and PE Auction Results

Compare to cargoes traded on Dalian Commodity Exchange and the spot market, Shenhua’s coal-based parcels are relatively competitive.
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28 Sep 2021

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China Morning Snapshot – 28 September 2021

Meanwhile, arbitrage traders are rushing to the import ground to scoop up competitive parcels before prices firm up further.
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27 Sep 2021

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[FREE] China Morning Snapshot – 27 September 2021

Both PP and LLDPE contracts for January 2022 delivery hit the highest levels in almost three years as traders continue to bet on the impact of the exacerbating coal shortages.
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27 Sep 2021

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[FREE] 27 September 2021: Shenhua's coal-based PP and PE Auction Results

Chinese bidders continue to scout the Shenhua auction platform, off-taking almost all available cargoes given their competitiveness against the Dalian Commodity Exchange.
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27 Sep 2021 PPH Inj PPH Raf

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Local homo-PP market hit 2021’s new highs in China on supply concerns

As local homo-PP prices surged to 2021's new high this week on the back of supply concerns, Chinese arbitrage traders crowd the import ground, looking for cargoes below the $1200/ton threshold, based on CFR China terms. Other Asian markets embrace themselves for spill-over effects.
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