Daily Market Wrap – China – 11 Dec. 2023

In the import market, new offers are limited on the first trading day of the week. However, players expect overseas sellers to maintain a firm stance on new price lists to China this week, especially with the uptick in demand reported in India over the past week.

08 Dec 2023

Daily Market Wrap – China – 08 Dec. 2023

The diverged development is rather surprising, considering the fact that purchasing activities in the Northern region started showing signs of improvement. Sources said that following a delay, some buyers from the agricultural film sectors are returning to the market for restocking.

06 Dec 2023

Daily Market Wrap – China – 06 Dec. 2023

This marginal uptick was attributed to the positive rebound observed in the futures market, providing a supportive backdrop for local sellers to cautiously adjust their offers upward

05 Dec 2023

Daily Market Wrap – China – 05 Dec. 2023

The domestic spot PP market remains on a stable to softer trend, inching another CNY50/ton lower than the previous session under pressure from the dwindling Dalian Commodity Exchange.

04 Dec 2023

Daily Market Wrap – China – 04 Dec. 2023

The silver lining is that customers started showing acceptance toward the latest prices as traders reported better sales results.

01 Dec 2023

Daily Market Wrap – China – 01 Dec. 2023

Given the stronger Yuan against the US dollar, Chinese buyers cautiously negotiate with international suppliers to secure some import cargoes, though, no aggressive restocking is observed.

29 Nov 2023 LL C4 Film PPH Inj PPH Raf

Daily Market Wrap – China – 29 Nov. 2023

As reported earlier, despite the steep reductions in the stocks belonging to Sinopec and CNPC, the overall PP supply in China is comfortable at the moment. The country produced 2.9 million tons of PP in the month of October

28 Nov 2023

Daily Market Wrap – China – 28 Nov. 2023

The location gap between China and the nearby Vietnamese market has narrowed significantly and even turned non-existence in some cases.

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