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News Insight & Analysis

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China Morning Snapshot – 09 March 2021
09 Mar 2021 Local manufacturers are still making replenishment, however, in much smaller quantity compared to the previous trading day.
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08 Mar 2021

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Taiwanese major to delay April PVC offers, large increases expected

Sources agreed that April shipment offers would register three digits hike in value considering the severe supply shortage in Latin America and Africa after the winter storm affected production at most of the USA plants and curb supply.
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08 Mar 2021

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Export homo-PP from China inches higher as local market slows to pickup

However, it appears that purchasing interest among South American buyers continues to decline, reflected in the lack of inquiries for the second week in a row.
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08 Mar 2021

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Domestic PP, PE market in Indonesia extended the firming trend

The initial response from the market is not very strong, according to sources. Buyers might not be able to accept the latest offers due to the mediocre end product business.
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08 Mar 2021

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

With the support from the surging energy complex, transactions for both PP and PE on Shenhua auction platform pick up significantly.
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08 Mar 2021

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China Morning Snapshot – 08 March 2021

It appears that Chinese manufacturers have finally given in the continuous firming trend.
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05 Mar 2021

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

Transactions on the Shenhua auction platform plunged visibly on the final trading day of the week, following the weakness on Dalian Commodity Exchange.
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05 Mar 2021

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China Morning Snapshot – 05 March 2021

In the meantime, sellers reported slower export sales this week, signaling a possibility that overseas buyers might have replenished the much-needed quantity and started to resist the higher price levels.
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