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News Insight & Analysis

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Falling futures market, softer demand pressure local PVC market in China
15 Dec 2020 A number of manufacturers in Eastern China have been ordered to shut down for ten (10) days starting 14 December as the region faces severe electricity supply shortage amid the extremely cold weather condition
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15 Dec 2020

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Chinese homo-PP offers just what Indonesian buyers need: Prompt and Competitive

The situation eases substantially this week as Chinese suppliers actively offering discounts on prompt cargoes that attracted a good number of deals in Indonesia.
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15 Dec 2020

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

Purchasing activities on the auction platform once again dived drastically from the previous trading day although the concluded prices have been down visibly.
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15 Dec 2020

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China Morning Snapshot – 15 December 2020

Sources are rather bearish about the near-term outlook citing the absence of major manufacturers in both the Northern and Eastern regions.
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14 Dec 2020

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Saudi major announced January PE offers to Southeast Asia

Meanwhile, Vietnamese buyers are puzzled by the large location gap with Indonesia and the far LSD of 15 March 2020.
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14 Dec 2020

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Indonesian producer slashes local PE prices, maintaining PP unchanged

The reduction reflected the lack of purchasing interest, not only in Indonesia but also in other markets, especially in China.
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14 Dec 2020

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Eastern China manufacturers suspend production due to electricity shortage

The electricity shortage is further exacerbated by the coal shortage as demand for heat generator drastically increase during the winter time.
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14 Dec 2020

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

Trading activities improved significantly on the first trading day of the week, though availability for most of the PE cargoes remain relatively limited at the moment.
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