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News Insight & Analysis

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China Morning Snapshot – 20 December 2023
20 Dec 2023 Market observers note that while the shipping issues may not have an immediate direct impact on local prices, there is an anticipation of potential delays in the arrival of previously purchased cargo
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20 Dec 2023

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20 December 2023 - Shenhua's coal-based PP and PE Auction Results

Market sources said that even after the CNY50/ton hike in auction prices, the coal-based cargoes are still more attractive than regular parcels in the spot market.
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19 Dec 2023

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Saudi Arabia producer opens January PE offers to SEA on stable to firmer note

In China, an uptick in demand from the agricultural film sector has been supporting the LLDPE film market over the past couple of weeks, however, the emergence of South Korean and Indian cargoes
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19 Dec 2023

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China Morning Snapshot – 19 December 2023

In related news, the earthquake in Gansu, China has not created any direct impact on the polyolefin supply as nearby plants continue to operate at normal rates.
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19 Dec 2023

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19 December 2023 - Shenhua's coal-based PP and PE Auction Results

Nevertheless, auction prices for both PP and LLDPE showcased discounts compared to the previous day, with PP Homo auction prices dropping by CNY30/ton
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18 Dec 2023 SPVC k67-68

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Taiwanese PVC producer cuts January shipment offers amid softening demand

The price decision is attributed to the softening demand and heightened competition from attractive Chinese cargoes.
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18 Dec 2023

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Price List: Zhongjing Petrochemical maintains export PP offers unchanged amid softer DCE

Over the past week, the producer has been receiving an increased number of inquiries from overseas customers and although transactions are thin, this development signals a possible reopening export window.
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18 Dec 2023

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Indonesian producer lifted local PP, PE offers amid import quota concerns

The heightening fear among market participants stoke expectations that buyers might have to accept the latest price increment.
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