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News Insight & Analysis

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China Morning Snapshot – 17 December 2020
17 Dec 2020 The market is watching out for pre-Lunar New Year replenishment activities now that manufacturers would allow the first batch of workers to leave for the holiday by 10 January 2021.
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16 Dec 2020

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Thailand producer lifted PE offers to Indonesia, thin transactions observed

Sources said that the downward pressure on the import market is building up and the only factor that supports higher prices is the shipping costs at the moment.
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16 Dec 2020 PET Bottle

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Chinese PET bottle tracks stable to firmer trend on shipping issue

Although shipping costs to Southeast Asia have cool off over the past week, Chinese exporters are still unable to locate sufficient empty containers at the moment.
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16 Dec 2020

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China: Auction sales result for Shenhua's coal-based PP and PE

The number of transactions achieved on the auction platform remains very sluggish despite the lack of cargo availability.
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16 Dec 2020

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China Morning Snapshot – 16 December 2020

There are limited movements in the domestic spot market this morning with buyers sourcing only in small quantities while waiting for additional discounts.
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16 Dec 2020

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Carbide-based PVC registered a larger drop in China by mid of the week

Mainstream PVC contracts for January 2021 delivery have been constantly falling since the beginning of the week as investors attempt to wrap up the remaining quantity before transitioning to the May contract.
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15 Dec 2020

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Saudi Arabia producer lifted PE offers to China for January shipment

Buyers are expressing buy ideas for LLDPE film at around $1000/ton – similar levels with deals for Saudi cargoes observed late last week in China.
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15 Dec 2020

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Import homo-PP to Vietnam mixed but downward pressure piles up

Chinese suppliers are actively tapping into the export opportunity as the location gap with Southeast Asia is still large enough to cover the shipping costs.
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