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News Insight & Analysis

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China Morning Snapshot – 08 December 2023
08 Dec 2023 In response to the firmer market note, local sellers predominantly increased prices this morning. However, buyers exhibit resistance to the higher offers, particularly as the weekend approaches.
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08 Dec 2023

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

Despite the apparent decrease in auction price for homo-PP, market players clarified that this was due to additional cargoes from a northern warehouse entering the auction.
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07 Dec 2023

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

As the Shenhua attempted to lift auction prices to reflect the minor rebound on the Dalian Commodity Exchange, the number of deals achieved in today’s session dropped slightly from the previous day.
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06 Dec 2023

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International suppliers lifted import homo-PP offers to Indonesia on firmer domestic market

As the uptrend in the local Indonesian homo-PP market extended to the second week, international suppliers started lifting their offers, effectively halting the three-month losing streak.
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06 Dec 2023 HD Film LD Film LL C4 Film

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Chinese PE market tracks lower; loosening supply drags HDPE film sector

The HDPE film market in China especially catches attention. The supply tightness that elevated the grade across the global market in the second and third quarters of 2023 seems subsiding.
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06 Dec 2023

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China Morning Snapshot – 06 December 2023

Local traders are noting resistance from customers when attempting to offer slightly higher prices today.
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06 Dec 2023

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

Although the auction results dropped slightly from the previous session, the overall deals remained satisfactory.
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05 Dec 2023

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Indonesian traders continued to lift PP, PE offers on reduced pressure, Import Restrictions Regulations

For the second week in a row, a major trading house in Indonesia lifted spot PP and PE offers to domestic buyers amid growing confusion among buyers since finished goods demand remains relatively lethargic.
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