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News Insight & Analysis

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China Morning Snapshot – 01 July 2021
01 Jul 2021 Trading activities in the domestic spot market hold stable with arbitrage traders are more active than other buyers in off-taking local cargoes.
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01 Jul 2021

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

Shenhua continues to allocate a small quantity of PP and PE cargoes for the auction session, which players attributed to the coal shortage in the country.
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30 Jun 2021

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Import homo-PP offers rebounded in Indonesia as the COVID-19 outbreak rages on

Demand in Indonesia has been dwindling as the number of COVID-19 infection cases surpasses 20,000 per day that forced the government to implement strict lockdown at the capital city of Jakarta.
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30 Jun 2021

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China Morning Snapshot – 30 June 2021

There have been reports that converters are getting year-end orders earlier than usual to tackle the logistic constraint.
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30 Jun 2021

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Another Saudi Arabia producer announced July PP, PE offers to Asia

Vietnamese buyers are actively looking for LLDPE film cargoes with major distributors reported having sold out all available quantities without any further negotiation.
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29 Jun 2021

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Saudi Aramco announced July propane prices to Asia with a sharp hike

It is reported that Saudi Aramco has opened July shipment offers for propane to Asia with large increases from the previous month.
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29 Jun 2021

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Local PP, PE market in China extended the firming trend

The comfortable local supply as a result of the densely new plant startup coupled with the lack of the export opportunity might continue to anchor any major advancement in PP prices in the near term.
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29 Jun 2021

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Import PE offers to China inch higher, buyers hunt for competitive cargoes

Demand in China started to pick up in recent weeks thanks to the support from the reviving Dalian Commodity Exchange and the manufacturing sector prepares to enter the high demand season.
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