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News Insight & Analysis

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Saudi Arabia homo-PP concluded below $1300/ton threshold in Indonesia
29 Apr 2021 This is the first time import homo-PP prices breach below the $1300/ton threshold in ten weeks, since the uptrend started in mid of February 2021.
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29 Apr 2021

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China Morning Snapshot – 29 April 2021

The market is entering the holiday mood with calmer sentiment and thinner transactions compared to the previous day.
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29 Apr 2021

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29 April 2021: Auction sales result for Shenhua's coal-based PP and PE

In spite of the limited movement in pricing, transactions for coal-based PP remain satisfactory on Shenhua’s Auction Platform.
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28 Apr 2021

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Saudi Arabia maker steps back on PE offers to Vietnam with limited transactions observed

The reductions do not seem sufficient to draw buyers back to the market given the fact that many other cargoes have breached well below the $1200/ton threshold.
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28 Apr 2021

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China Morning Snapshot – 28 April 2021

The market in gradually entering the holiday mood though players are not putting up high hope on the demand condition for the remaining of the week.
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28 Apr 2021

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28 April 2021: Auction sales result for Shenhua's coal-based PP and PE

There are limited changes in deal prices for both coal-based PP and PE cargoes this morning
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27 Apr 2021

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China Morning Snapshot – 27 April 2021

In the meantime, the worsening COVID-19 outbreak in India concerns exporters, with a couple suppliers informed of orders being cancelled this week.
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26 Apr 2021

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China Morning Snapshot – 26 April 2021

While players are hoping for improving pre-holiday replenishment activities, the woven bag associations have advised its customers to take longer holiday to ease the costs pressure.
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