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News Insight & Analysis

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29 October 2024 - Shenhua's coal-based PP and PE Auction Results
29 Oct 2024 While Chinese bidders portrayed thin interest in PP, demand for LLDPE remained satisfactory driven by consistent demand for agricultural film in northern China.
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25 Oct 2024 PET Bottle

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Weak demand and sliding costs keep the Chinese PET bottle market under pressure

Despite spot offers losing nearly 90% of their post-Golden Week gains, buyers have remained cautious, holding off on large purchases amid widespread expectations of further price reductions.
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25 Oct 2024

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Chinese PVC market extended the downtrend amid persistent sluggish local demand

Subdued demand from the pipe sector continues to weigh on the market, even as other derivative sectors, such as PVC film, cable, and leather, report moderate improvements. Average plant utilization rates in these segments have slightly increased
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25 Oct 2024

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China Morning Snapshot – 25 October 2024

Chinese buyers returned to the market for fresh replenishment on the final trading day of the week, spurred by speculation that the recent price correction might be reaching its lowest point.
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25 Oct 2024

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25 October 2024 - Shenhua's coal-based PP and PE Auction Results

As futures contracts on the Dalian Commodity Exchange continued their upward trajectory, Chinese bidders displayed increased confidence in securing coal-based cargoes on the Shenhua Auction Platform.
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24 Oct 2024

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China Morning Snapshot – 24 October 2024

Despite the strengthening of futures contracts, Chinese suppliers have chosen to maintain stable spot prices for PP and PE, a conservative strategy aimed at stimulating buying interest amidst ongoing lackluster trading activity.
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24 Oct 2024

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24 October 2024 - Shenhua's coal-based PP and PE Auction Results

Trading activity on the Shenhua Auction Platform experienced a slight decline compared to the previous session, although it remained within acceptable levels. A dwindling futures contract on the Dalian Commodity Exchange has tempered aggressive replenishment activities
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23 Oct 2024

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Malaysian producer announced November PP, PE offers to Indonesia on a stable to firmer note

However, Indonesian converters are approaching these price adjustments with trepidation. Despite a general uptrend in the Indonesian import market for homo-PP throughout October, buyers remain hesitant.
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