Daily Market Wrap – China – 18 Sept. 2023

The Chinese PP market remained largely unchanged on the first trading day of the week as players took a step back to assess the potential pricing directions following several days of active replenishment.

11 Sep 2023

Daily Market Wrap – China – 11 Sept. 2023

The local Chinese PP market is surprisingly active on the first day of the week, which market participants attributed to the continued pre-holiday replenishment activities.

29 Aug 2023

Daily Market Wrap – China – 29 Aug. 2023

Interestingly, Chinese suppliers shrugged off the dwindling Dalian Commodity Exchange to keep spot PP offers unchanged from the previous session claiming the reduced availability of yarn grade in particular and weakening Yuan.

28 Aug 2023

Daily Market Wrap – SEA – 28 Aug. 2023

While trading sentiment across the Southeast Asian homo-PP market remains relatively soft at the start of the week, regional suppliers showed mixed stances in setting new offers.

28 Aug 2023

Daily Market Wrap – China – 28 Aug. 2023

Local producers shrugged off the downward pressure from the dwindling Dalian Commodity Exchange and the large buildup in stocks over the weekend to maintain spot PP offers unchanged, claiming the strong upstream costs.

11 Aug 2023

Daily Market Wrap – China – 10 August 2023

Buyers prefer to downsize their purchases amid a new wave of government shakeup in commodity trading and hedge fund.

31 Jul 2023

Daily Market Wrap – SEA – 31 July 2023

The regional homo-PP market remains largely calm but firm on the first trading day of the week as regional and international suppliers continued to take advantage of the upward momentum in the nearby China market.

31 Jul 2023

Daily Market Wrap – China – 31 July 2023

Spot offers for all PE film grades added CNY50/ton, sending LDPE film offers to the levels last seen at the beginning of April 2023. In addition, the LDPE film market continues to reclaim the premium over other grades after an extended period of decline.

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