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News Insight & Analysis

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China Morning Snapshot – 17 March 2021
17 Mar 2021 Most transactions are taking place between traders. Manufacturers remain very cautious while refraining from making new purchases as much as possible.
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16 Mar 2021

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Singaporean mPE registered another drastic hike in China

Following active purchasing activities in the previous week, Chinese buyers become less interested in the new offers, especially when prices have hit above the $1700/ton threshold.
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16 Mar 2021

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Qatari PE sees larger increases in China as regional supply tightened

The international PE market has been tracking the firming trend on the back of limited supply after the mass shutdown in the US due to the winter storm and surging demand in Latin America and Turkey markets.
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16 Mar 2021

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Local producer slashes homo-PP yarn offers in Vietnam

Vietnam is the second market within the Southeast Asian region that record declining spot homo-PP offers in the local ground.
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16 Mar 2021

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

The number of transactions on the Shenhua auction platform remains strong on the second trading day of the week.
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16 Mar 2021

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China Morning Snapshot – 16 March 2021

The local ground hold firm though real transactions remain thin, according to market sources.
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15 Mar 2021 SPVC k67-68

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Taiwanese producer announced April PVC prices with a $300/ton hike

It appears that the producer is having very limited export allocation this month due to an on-going maintenance shutdown at its PVC unit in Jenwu, Taiwan.
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15 Mar 2021

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Local producer lifted PE offers in Indonesia, keep PP unchanged

The stabilising PP offers once again highlights the lack of purchasing interest among local customers for this grade after prices hit the historically high levels.
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