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News Insight & Analysis

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China Morning Snapshot – 23 July 2020
23 Jul 2020 Sources said that sales have been slow for two consecutive weeks, and further price cuts could emerge in the coming days would demand fails to pick up.
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22 Jul 2020 SPVC k67-68

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Tight supply continues to push PVC offers in Indian higher

The continued firming up import offers prompted question if the market could reach $900/ton mark for September loading cargoes.
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22 Jul 2020 PPH Raf

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Thailand producers step back on import homo-PP offers to Vietnam

Vietnamese buyers do not seem attracted to the latest price reduction citing the availability of other non-dutiable cargoes at much lower levels.
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22 Jul 2020

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Thai producer further reduces import PE offers to China; deals achieved

Given the import duty advantage, the latest deals for Thailand LLDPE film cargoes are expected to put pressure on dutiable materials.
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22 Jul 2020 PPBC Inj

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South Korean producers softened stance on PP block copolymer offers to Indonesia

Industry participants said that electrical appliance sector is now operating at about 50-60% while automobile is trailing behind.
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22 Jul 2020

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

Shenhua Baotou Coal Chemical Co is currently the largest coal-based polyolefins producer in China, operates under four subsidiaries,
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22 Jul 2020

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China Morning Snapshot – 22 July 2020

Sources said that the current offers are too high, hence, prefer to source in small quantity to avoid price risk.
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21 Jul 2020

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

Sentiment on the auction platform improved visibly this morning, indicating that customers might be returning to the market to make replenishment.
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