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News Insight & Analysis

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China Morning Snapshot – 05 November 2020
05 Nov 2020 Sentiment weakens visibly toward the end of the week as buyers resist higher prices after secured the needed quantities earlier this week.
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04 Nov 2020

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

The number of deals recorded on the auction platform this morning weakened slightly compared to the previous day as buyers resist higher prices.
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04 Nov 2020

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China Morning Snapshot – 04 November 2020

Sentiment is rather calm in the domestic spot market as players await election results in the USA that could indicate diplomatic and economic policies moving forward.
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03 Nov 2020

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Indonesian producer lifted local PVC prices for November delivery

Meanwhile, regional buyers are waiting for international suppliers to open new PVC offers for December shipment, which is expected to register a $50-60/ton increase from October.
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03 Nov 2020

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

Transactions remains healthy on the second trading day of the week reflected in the high number of deals concluded for the coal-based PP and PE cargoes.
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03 Nov 2020

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China Morning Snapshot – 03 November 2020

Compared to the previous trading day, sentiment has somewhat softened, however, suppliers are in no rush to reduce offers given the healthy inventory digestion rate.
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03 Nov 2020

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Asian ethylene market declines on ample supply

The Asian ethylene market has been on the declining trend for four weeks in a row as buyers shy from making purchases amid loosening supply conditions.
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02 Nov 2020

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Local producer lifted PP prices in Indonesia, maintain PE stable

A couple of traders reported having achieved deals for homo-PP cargoes at the new price levels, though transactions are mostly in small quantities.
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