Key Saudi Arabia producer indicates stable offers for June shipment to SEA

16 May 2024 As regional and international suppliers are set to announce June shipment offers to Southeast Asia, several producers are surveying market acceptance while expressing selling ideas based on the current market condition.

16 May 2024

China Morning Snapshot – 16 May 2024

Trading activities remained mediocre throughout the morning session as buyers adopted a cautious stance toward the latest hike on the Dalian Commodity Exchange.

16 May 2024

16 May 2024 - Shenhua's coal-based PP and PE Auction Results

As the momentum gets going, today’s results on the Shenhua Auction Platform were much favourable than on Wednesday particularly for homo-PP and PPBC with higher deal volume

15 May 2024

China Morning Snapshot – 15 May 2024

According to a producer, they are still fulfilling delivery obligations for previously sold cargoes, hence, are in no rush to make adjustments on spot PP prices.

15 May 2024

15 May 2024 - Shenhua's coal-based PP and PE Auction Results

Today’s session on the Shenhua Auction Platform started to pick up steam for all three auctioned commodities with concluded deals in volume being slightly higher than Tuesday.

14 May 2024 SPVC k67-68

Taiwanese PVC producer surprises the market with larger-than-expected hikes on June shipment offers

Additionally, escalating shipping expenses have added upward pressure, necessitating adjustments in prices to maintain profitability amid rising operational costs.

14 May 2024

Malaysian producer resumes offering PE cargoes to Vietnam amid supply constraints

Even though the latest LDPE film list price from the maker stands at the upper end of the overall import offers to Vietnam this week, it is believed that the producer would face minimal obstacles in depleting the allocation.

14 May 2024

China Morning Snapshot – 14 May 2024

Local traders and distributors encountered challenges in concluding deals and foresaw the necessity for price cuts to boost inventory turnover. Only a few traders achieved successful deals through negotiation.

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