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News Insight & Analysis

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China Morning Snapshot – 26 March 2021
26 Mar 2021 Sources said that customers are making small purchases at the lower end of the overall price range while hoping for additional reductions in the coming week.
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26 Mar 2021

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Another Saudi producer announced April PE , PE shipment offers to Southeast Asia

The Southeast Asian PP market is amid a correction period due to the persistently sluggish demand and the presence of competitive Chinese cargoes.
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25 Mar 2021

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

As prices inch another notch lower from the previous trading day, buyers are more willing to make replenishment.
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25 Mar 2021

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China Morning Snapshot – 25 March 2021

Sources reported steady purchasing activities in the local ground toward the end of the week, though buyers are more selective in term of prices.
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24 Mar 2021

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Saudi PE concluded in Vietnam with large discount

The large price cut indicates the state of demand in Vietnam and the downward pressure that has been building up after the plunged in ethylene costs.
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24 Mar 2021 PPH Inj PPH Raf

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Chinese suppliers cut export homo-PP prices amid falling local market

Back in the local China market, demand has been sluggish because manufacturers are unable to transfer the higher raw materials costs to end product prices while operating rates among local PP plants remain relatively high.
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24 Mar 2021

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

Transactions remain sluggish for third straight session this week, underlining the lack of purchasing interest among buyers even prices have fallen day-on-day.
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24 Mar 2021

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China Morning Snapshot – 24 March 2021

Dalian Commodity Exchange completed the first half of the trading day in negative territory; however, the extent of price reduction has narrowed substantially.
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