China Morning Snapshot – 09 July 2020

09 Jul 2020 It becomes more difficult to attract manufacturers at the current prices in the absence of arbitrage traders.

08 Jul 2020

Weakening demand weight on Asian ethylene market

There have been reports that buyers are down-adjusting buy ideas in anticipation of improving supply conditions.

08 Jul 2020

Supply tightness continues to steer the Chinese PE market higher

Suppliers are downplaying the potential impact of the softening upstream ethylene costs and weak demand conditions outside of China in the absence of inventories pressure.

08 Jul 2020

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

The auction results appear more sluggish this morning, however, availability remains limited, especially for PE cargoes.

08 Jul 2020

China Morning Snapshot – 08 July 2020

Limited availability continues to take the centre stage, from which sellers would maintain a firm stance on the spot cargoes in the near term.

07 Jul 2020

Thai’s HDPE film surged above $1000/ton in China, available quantity sold out

The producer reportedly sold out all available HDPE film cargoes without any discount. Due to the limited quantity, each customer is only able to secure 100 tons of this grade.