Daily Market Wrap - China - 5 May 2023

There have been market talks that demand from the packaging sector started showing signs of improvement in the Southern region this week. The uptick is, however, meagre – which provides limited support to sellers to introduce any large increases immediately.

25 Apr 2023

Daily Market Wrap – China – 25 Apr. 2023

Meanwhile, the import PE market portrays a clear sign of stabilization as more overseas sellers announce new offers to China. Latest offers from a Qatari producer see a $5/ton increase from earlier this month

24 Apr 2023

Daily Market Wrap – China – 24 Apr. 2023

Following several weeks of tracking the softening trend, overseas suppliers started to introduce a firmer stance on import LLDPE film offers to China this week.

18 Apr 2023

Daily Market Wrap – China – 18 Apr. 2023

Though the local market has shown signs of stabilization, it might still be challenging for international suppliers to achieve satisfactory deals in this market, unless this group of sellers are willing to compress their margins.

17 Apr 2023

Daily Market Wrap – China – 17 April 2023

The domestic spot market started the day on a dull note but purchasing activities quickly pick up by second half of the day as buyers return to restock. The rationality behind the development is that

14 Apr 2023

Daily Market Wrap – China – 14 Apr. 2023

In the import PE sector, a key Thailand producer suspended their offers on the final trading day of the week, withholding any price adjustments despite the stabilizing Dalian Commodity Exchange on the expectation that the downtrend has bottomed out.

10 Apr 2023

Daily Market Wrap – SEA – 10 Apr. 2023

Meanwhile, transactions for April PE shipments have been concluded and as reported earlier, Southeast Asian buyers prefer to wait on the sidelines to monitor further development. The continued falling import offers in the nearby China market keeps buyers in this region rather uneasy.

10 Apr 2023

Daily Market Wrap – China – 10 Apr. 2023

In the import market, at least two major international suppliers have reduced LLDPE and LDPE film offers to China right on the first trading day of the week, which puzzled the entire regional market.

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