Daily Market Wrap – China 23 January 2024

Meanwhile, all eyes are on the start-up of five new BOPP film/sheet manufacturing plants in the first quarter of 2024, adding another 265,000 tons of capacity annually.

23 Jan 2024

Daily Market Wrap – China – 22 January 2024

A number of woven bag manufacturers reported an uptick is end-product orders this week, which translated into higher demand for homo-PP yarn.

18 Jan 2024

Daily Market Wrap – China – 17 January 2024

Purchasing activities slowed down visibly following several session of active buying, indicating a possibility that customers have stocked up comfortably.

05 Jan 2024

Daily Market Wrap – China – 05 Jan 2024

The domestic spot market inched another CNY50/ton lower compared to the previous trading day, primarily driven by the sluggish futures market.

03 Jan 2024

Daily Market Wrap – China – 03 January 2024

In the PE market, mixed pricing movement is observed on the second trading day of the week. While the domestic spot market tracks stable to a softer trend, international sellers actively lifting offers to reflect the heightening shipping costs.

20 Dec 2023

Daily Market Wrap – China – 20 Dec. 2023

In the PE market, there have been reports from several key warehouses that the proportion of HDPE in storage is currently much higher than LLDPE and LDPE.

19 Dec 2023

Daily Market Wrap – China – 19 Dec. 2023

However, after two weeks of robust purchases, agricultural film converters decided to withhold replenishments as end-product orders show signs of softening.

18 Dec 2023

Daily Market Wrap – China – 18 Dec. 2023

The decrease in LLDPE film prices suggests that the peak demand season from the agricultural film sector may have reached a plateau.

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