Oct 18, 2024 9:42 a.m.
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insight

Vietnam's homo-PP market rallies amid supply concerns and currency volatility
Title

This sudden rally has triggered widespread caution among buyers, many of whom have adopted a wait-and-see approach to gauge the sustainability of this upward trend, dampening overall market sentiment.
Daily Overview »
[MEMBER] Daily Market Wrap – China – 16 October 2024
[MEMBER] Daily Market Wrap – China – 15 October 2024
[MEMBER] Daily Market Wrap – SEA – 15 October 2024
Weekly Overview »
[MEMBER] Indonesia – Weekly PP Wrap Up - 10 October 2024
[MEMBER] Indonesia – Weekly PE Wrap Up - 10 October 2024
[MEMBER] Vietnam – Weekly PP Wrap Up - 04 October 2024
Title insight

Rally in Chinese LDPE film market stalls amid rising domestic supply and dwindling confidence

The market's momentum has been undermined by the prospect of increased domestic supply, which has alleviated concerns over reduced overseas availability, particularly from key suppliers like Iran.
Title insight

China Morning Snapshot – 17 October 2024

Despite these moderate sales, the absence of more substantial stimulus measures from the government after the policy briefing dampened any remaining optimism in the market, pushing traders further to the sidelines.
Title economy

Dalian Commodity Exchange: 17 October 2024

The 2501 for January 2025 delivery contract on Dalian Commodity Exchange on 17 October 2024 settled as follows:
Title insight

17 October 2024 - Shenhua's coal-based PP and PE Auction Results

The Shenhua auction platform concluded today’s session with mixed results. The PP market continues its rally, supported by a further discount of CNY20/ton ($3/ton), which has sparked buying interest among Chinese bidders.

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[FREE] Morning Briefing - 17 October 2024

Derek Yong CommoPlast Asia Sdn Bhd
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[FREE] Morning Briefing - 16 October 2024

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Polymer Futures Market Updated 17 Oct 2024 Contract No. 2501
PP LLDPE PVC
Close (CNY/ton) 7,460 -92 8,088 -123 5,441 -238
Close (USD/ton) 927 -13 1,005 -17 676 -34
Volume 339,868 -5931 355,274 -8629 838,194 -14550
* All USD prices are excluding VAT basis
Volume indicates number of contracts
Intermediates Futures Market Updated 17 Oct 2024 Contract No. 2501
PX PTA MEG
Close (CNY/ton) 6,940 -188 4,912 -134 4,824 -67
Close (USD/ton) 863 -27 611 -19 575 -9
Volume 101,379 -1845 1,160,000 +60000 289,750 -9440
* All USD prices are excluding VAT basis
Volume indicates number of contracts
Monomers & Feedstock Updated 17 Oct 2024
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