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News Insight & Analysis

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Chinese PET bottle market dropped marginally following the holiday, but optimism remained intact
09 Apr 2024 Speaking to CommoPlast, several Chinese suppliers expressed more optimistic expectations citing the peak demand season and the rising energy complex as the primary support.
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09 Apr 2024

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China Morning Snapshot – 09 April 2024

Trading activities in the domestic spot market remained mediocre and efforts by local suppliers to lift spot LLDPE film by CNY50/ton failed to impress the market.
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09 Apr 2024

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09 April 2024 - Shenhua's coal-based PP and PE Auction Results

The market had initially anticipated a more robust price outlook upon returning from the holiday, given the uptrend of crude prices during that time.
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08 Apr 2024

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Saudi Arabia’s PE inches lower in China as soft demand outweighed supply tightness

In spite of the continued rising local LDPE film prices, Chinese customers are not confident enough to scour the import market for cargo.
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08 Apr 2024

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Price List: Zhongjing Petrochemical maintains stable export offers amid market uncertainty

The company is reportedly considering a potential price adjustment as current market response is rather bleak as market players have just got back from the Tomb Sweeping holiday.
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08 Apr 2024

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China Morning Snapshot – 08 April 2024

Several traders expressed the intention to introduce a minor increase of CNY50/ton if responses from buyers are better toward the second half of the trading day.
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08 Apr 2024

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08 April 2024 - Shenhua's coal-based PP and PE Auction Results

The concluded volume for both homo-PP and LLDPE is lesser today compared to Sunday, indicating a cautious stance among buyers toward the firmer price level.
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04 Apr 2024

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Chinese PVC market tracks stable to softer trend, moderate pre-holiday replenishment activities observed

According to market sources, buyers are more willing to proceed with replenishment after obtaining discounts on growing expectations that the local market might have limited space to reduce substantially in the near term.
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