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News Insight & Analysis

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Import PE offers to China continue to move lower amid concerns over demand
17 May 2021 In the meantime, spot PE offers in the local ground decreased CNY50-100/ton ($8-16/ton) from the previous week with mediocre number of transactions observed.
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17 May 2021

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China Morning Snapshot – 17 May 2021

One of the most concerning issues in China market is the electricity shortage in Guangzhou as summer electricity usage surges.
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17 May 2021

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17 May 2021: Auction sales result for Shenhua's coal-based PP and PE

Chinese bidders appear more active on the first trading day of the week, reflected in the healthy number of transactions for both PP and PE cargoes.
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14 May 2021

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China Morning Snapshot – 14 May 2021

It is expected that the market would track a similar trend in the coming week as more new plants come online and started marketing their cargoes locally.
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14 May 2021

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14 May 2021: Auction sales result for Shenhua's coal-based PP and PE

Transactions fell substantially on the final trading day of the week in spite of the lower deal prices compared to the previous day.
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13 May 2021

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Vietnamese homo-PP market sees uptick in purchasing activities

Market sources are cautiously watching out for the availability of Chinese materials while speculating that the current lacking competitiveness of this origin against other parcels might soon be reverted.
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13 May 2021

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Indian producer slashed local PVC offers on weak demand

The rapid price fall in the local ground is expected to force international suppliers to substantially cut June shipment offers to India in the coming week.
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13 May 2021

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China Morning Snapshot – 13 May 2021

Buyers cautiously proceeding with additional purchases but tend to negotiate fiercely for discounts considering the fluctuating Dalian Commodity Exchange.
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