Chinese homo-PP move higher in SEA as suppliers turn focus to the local market

05 Jan 2021 Purchasing interest in the domestic market has seen improvements since the beginning of the week, pushing local prices higher.

05 Jan 2021

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

As more manufacturers resume operating, purchasing activities on the auction platform have also improved significantly.

05 Jan 2021

China Morning Snapshot – 05 January 2021

Sources said that the local ground might continue to improve in the coming week before manufacturers once again winding down operating rates.

04 Jan 2021

Saudi producer slashes PE offers to China, sold out LLDPE film

Besides, the Yuan is appreciating against the US dollar, making it cheaper to buy imports at the moment.

04 Jan 2021

Local PP, PE market holds largely unchanged in Indonesia

Sources are expected some discounts in the coming days given the fact that previously purchased cargoes from the import ground are arriving at the market.

04 Jan 2021

Chinese manufacturers gradually resume operating after mandatory run rates cut

More manufacturers in Zhejiang are also restarting their plant after the electricity restriction forcing these companies to reduce operating rates substantially since mid-December 2020.