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China Morning Snapshot – 29 January 2024
29 Jan 2024 As reported earlier, more converters in the PP and PE sectors are scheduled to take off for the Lunar New Year holiday this week, therefore, trading sentiment might continue to weaken in the coming days.
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29 Jan 2024

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29 January 2024 - Shenhua's coal-based PP and PE Auction Results

As more buyers started to take off for the Lunar New Year holiday, Shenhua escalated the effort to deplete more on-hand inventory ahead of the month-end closing.
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26 Jan 2024

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Russia’s Novatek might take weeks to restart operations; temporary disruption in naphtha supply

Data from CommoPlast showed spot naphtha traded based on CFR Japan terms gained about 4.5% within January alone as the Red Sea crisis curtailed shipments from Europe.
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26 Jan 2024

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Chinese PVC market cautiously optimistic; spot market inches higher as holidays draw near

While the local demand is not up to expectation, Chinese sellers gain advantage in the export market by maintaining ethylene-based PVC offers stable
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26 Jan 2024

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China Morning Snapshot – 26 January 2024

Speculations are rife among buyers, with expectations of more discounts as a greater number of market participants take leave for the impending holiday season.
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26 Jan 2024

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26 January 2024 - Shenhua's coal-based PP and PE Auction Results

Shenhua surprisingly double the homo-PP and LLDPE allocation for auction on the final trading day of the week, causing heavy confusion among buyers.
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25 Jan 2024

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Mixed sentiment observed in China as five new BOPP sheet plants start up

In usual circumstances, these startups indicate higher demand for raw materials, in this case is homo-PP yarn and BOPP.
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25 Jan 2024

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

Trading sentiment on the Shenhua auction platform was mixed with bidders exhibiting strong buying interest for LLDPE film while adopting a more conservative stance toward homo-PP cargoes.
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