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News Insight & Analysis

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China Morning Snapshot – 04 March 2021
04 Mar 2021 A number of lower costs cargoes are arriving at the market, which is being transacted between traders to re-export to the international market.
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04 Mar 2021

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Another Saudi maker lifted March PP, PE offers to Asia with $200-300/ton hike

It is widely expected that international sellers would continue to introduce new hike in the coming week to reflect the strong demand condition in the Western markets.
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03 Mar 2021 SPVC k67-68

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Indonesian producer lifted local PVC offers for March delivery

A major local producer in Indonesia reportedly lifted spot PVC offers for March delivery citing the strong upstream costs and overall supply tightness across the region.
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03 Mar 2021

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

Thanks to the strong rebound on the Dalian Commodity Exchange, transactions on the Shenhua auction platform pick up significantly compared to the previous trading session.
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03 Mar 2021

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China Morning Snapshot – 03 March 2021

Local sellers implemented CNY50-100/ton ($8-15/ton) hike on spot PP and PE cargoes following the development on the futures market.
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03 Mar 2021

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Another Saudi maker lifted March PE offers to Vietnam by more than $200/ton

Supply for HDPE film is limited, a source close to the producer said due to the recent maintenance shutdown.
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02 Mar 2021

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Local Indonesian producer adjusted PP, PE prices list for the third time this week

The local homo-PP market in Indonesia is now at the highest levels since CommoPlast started tracking the prices in this market in 2015 while HDPE and LLDPE film are at the highest levels since November 2018.
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02 Mar 2021 PPH Raf

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Chinese suppliers keep export homo-PP offers on a stable to firmer track amid sluggish local market

Meanwhile, BOPP manufacturers are enjoying healthy profit margins and constantly asking for cargoes, some are requiring forward shipments at slightly lower current spot prices.
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