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News Insight & Analysis

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China Morning Snapshot – 07 June 2024
07 Jun 2024 Chinese buyers continue to scour the local ground for competitive parcels before taking off for the long weekend holiday. While negotiations are fierce, real transactions are mediocre.
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07 Jun 2024

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07 June 2024 - Shenhua's coal-based PP and PE Auction Results

The coal-based producer expectedly maintained auction prices unchanged from the previous day, which appeals to local buyers amid the continued rising futures contracts on the Dalian Commodity Exchange.
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06 Jun 2024 SPVC k67-68 SPVC (A) k67-68

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Chinese PVC market: Latest price reductions deemed necessary as demand wanes

Regardless of the dimming sentiment in China, the regional PVC market continues to expect sharp increases in July shipment offers from key suppliers.
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06 Jun 2024

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China Morning Snapshot – 06 June 2024

The stronger crude oil and futures market fuel buyer confidence, encouraging restocking activities ahead of the long weekend holiday.
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06 Jun 2024

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06 June 2024 - Shenhua's coal-based PP and PE Auction Results

Failure to secure a satisfactory number of transactions on the previous day has encouraged Shenhua to review and adjust pricing strategies in order to facilitate transactions ahead of the long weekend holiday.
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05 Jun 2024

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Indonesian LDPE market remained on the uptrend, non-dutiable cargoes hit the $1400/ton mark

Meanwhile, the domestic LDPE film market accelerated to 23-month highs with no signs of a slowing down in the near term. Besides, there are no spot cargoes available, and buyers would have to pre-book their orders.
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05 Jun 2024

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China Morning Snapshot – 05 June 2024

The slowing inventory digestion shed light on the sluggish trading sentiment in the local market over the past couple of trading days.
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05 Jun 2024

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Asian naphtha market hit five-month lows on softer demand, volatile upstream

Many naphtha crackers have implemented a series of measures to protect the bottom line, including reducing operating rates and switching to alternative feedstock.
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