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News Insight & Analysis

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China Morning Snapshot – 22 July 2021
22 Jul 2021 The firming futures market elevates spot PP and PE prices in the local market; however, traders face heighten resistance from buyers.
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22 Jul 2021

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

Purchasing activities rise to the full-swing toward the end of the week, though, one of the factors contributing the high percentage of deal...
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21 Jul 2021

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Statistics: Import PE to China continue to decline in June

Although the surge in local production has partly compensated for falling import quantity, the PE consumption in China (calculated by the sum of local production and import, subtract the export quantity) declined for the third consecutive month.
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21 Jul 2021

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Indonesian government revives the BMDTP scheme to ease the import burden

It is reported that the Indonesian government in the circular number PMK No 68/2021 has revived the Bea Masuk Ditanggung Pemerintah (BMDTP) scheme.
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21 Jul 2021

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Chinese players: No petchem producers affected by Henan flood

Henan houses four ethylene-based PVC plants, which are located outside of the flood area.
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21 Jul 2021

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China Morning Snapshot – 21 July 2021

Meanwhile, there are no concrete reports on the impact of the recent flood in Henan province on the market.
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21 Jul 2021

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

Chinese bidders are more confident in proceeding with purchases in today’s auction session, resulting in a high number of deals achieved.
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20 Jul 2021

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China Morning Snapshot – 20 July 2021

Sentiment in the domestic spot market weakens significantly after the large drop in the crude oil market as buyers await additional discounts.
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