Indonesian major raises local HDPE film offers, other grades unchanged amid weak demand

17 Feb 2025 Recent disruptions across Southeast Asian PE plants have exacerbated supply constraints. On the demand side, Indonesian buyers have been selectively purchasing PP and PE cargoes from local sources due to concerns over supply constraints and unfavourable exchange rates, which have eroded the competitiveness of imports.

17 Feb 2025

China Morning Snapshot – 17 February 2025

Despite firm trends on the Dalian Commodity Exchange, domestic suppliers maintained a cautious approach in setting spot PP and PE offers, leaving prices largely unchanged from the previous session.

17 Feb 2025

17 February 2025 - Shenhua's coal-based PP and PE Auction Results

The Shenhua Auction Platform concluded the week’s first trading session on a firm footing, bolstered by resilient futures performance on the Dalian Commodity Exchange. Despite this strength, the coal-based producer introduced a CNY 10/ton discount on PP and LLDPE cargoes

13 Feb 2025

China Morning Snapshot – 13 February 2025

The downturn on the Dalian Commodity Exchange dampened spot market sentiment, leading to stable-to-softer PP and PE offers. However, buying interest weakened noticeably, as participants adopted a more cautious stance

13 Feb 2025

13 February 2025 - Shenhua's coal-based PP and PE Auction Results

Shenhua concluded today’s auction session with uneven results as attempts to raise prices were undermined by weaker futures performance on the Dalian Commodity Exchange.

12 Feb 2025

China Morning Snapshot – 12 February 2025

Against the backdrop of strengthening futures and improved transaction volumes from the previous day, Chinese suppliers implemented a modest CNY 50/ton increase on spot LLDPE film

12 Feb 2025

12 February 2025 - Shenhua's coal-based PP and PE Auction Results

Transactions on the Shenhua Auction Platform softened slightly compared to the previous trading day, with LLDPE seeing the most notable decline, though overall activity remained satisfactory.

11 Feb 2025

Chinese PP suppliers hold firm on export offers amid volatile freight rates

Following a satisfactory volume of transactions in the previous week, key Chinese PP suppliers have opted to maintain a firm stance on export offers, testing market responses amid tightened supply conditions in Asia.

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