Nov 22, 2024 2:37 a.m.
Sign In | Subscribe

Market Wrap Daily Polyolefins Market

daily

Daily Market Wrap – China – 23 July 2024
Trading sentiment in the PE sector continued to deteriorate amid bloated spot availability and the seasonal lull. Although official price lists from local producers remain steady, local traders are more motivated to negotiate with serious customers, hoping to liquidate some on-hand cargo.
Title
Title

22 Jul 2024

daily

Daily Market Wrap – China – 22 July 2024

However, on a slightly positive note, buyers have become more active in negotiating for fresh replenishments, indicating a potential acceptance of the latest prices. This has led some Chinese market participants to speculate that the current downswing might be nearing its end.
Title

18 Jul 2024

daily

Daily Market Wrap – China – 18 July 2024

The rebound on the Dalian Commodity Exchange was short-lived, with key PP and LLDPE contracts for September delivery resuming their decline, pressured by regional equity weakness and intensified trade tensions between the US and China.
Title

18 Jul 2024

daily

Daily Market Wrap – China – 17 July 2024

In the export market, feedback from Southeast Asia remains tepid, and while South American buyers have shown interest in homo-PP cargoes, volatile shipping costs hinder deal closures.
Title

16 Jul 2024

daily

Daily Market Wrap – China – 16 July 2024

On a positive note, Chinese suppliers reported an uptick in inquiries from South American customers compared to recent weeks. While immediate transactions were hindered by disagreements over shipping costs, this development indicates a potential return of demand from the region.
Title

15 Jul 2024

daily

Daily Market Wrap – China – 15 July 2024

While the PP sector maintained stability, the Chinese PE market continued to decline, with spot HDPE film prices falling below CNY 8,000/ton and spot LDPE film dropping by an additional CNY 250/ton.
Title

10 Jul 2024

daily

Daily Market Wrap – China – 10 July 2024

The minor discounts offered by local suppliers this week were deemed insufficient by customers, leading to a lack of purchasing interest.
Title

10 Jul 2024

daily

Daily Market Wrap – China – 09 July 2024

In the import market, two Middle Eastern producers have opened homo-PP offers at $920/ton CFR China, which is slightly lower than the previous price announcement. At least one producer has agreed to close deals with additional discounts
« Previous … 9 10 11 12 13 14 15 16 17 … Next »
Insight & Analysis
Plant
Green Effort
Opinion