China Morning Snapshot – 28 June 2024

28 Jun 2024 Local suppliers did not let the opportunity to increase their offers slide. The strengthened Dalian Commodity Exchange coupled with the reduced inventory pressure

28 Jun 2024

28 June 2024 - Shenhua's coal-based PP and PE Auction Results

Shenhua concluded the final auction of the month on a strong note, supported by the strong futures contract on the Dalian Commodity Exchange and the reduced auction quantities.

27 Jun 2024

China Morning Snapshot – 27 June 2024

Trading sentiment in the domestic spot market has shown slight improvement from the previous day with spot offers mimicking the resilience of the Dalian Commodity Exchange.

27 Jun 2024 Propylene

Asian propylene market trended higher on supply tightness; weak demand capped the upside

The Asian propylene market has experienced a prolonged period of rangebound trading, with no significant forces causing sharp upward or downward movements.

27 Jun 2024

27 June 2024 - Shenhua's coal-based PP and PE Auction Results

As the end of the month approaches, many customers are assessing potential market directions for July. Despite this uncertainty, discounted cargoes continue to attract need-based purchases

26 Jun 2024

China Morning Snapshot – 26 June 2024

Recent trading activity indicates transactions predominantly among traders, with converters showing reluctance to build stocks.

26 Jun 2024

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

Despite a slight cooling of trading sentiment on the Shenhua Auction Platform compared to the previous session, transaction volumes remained robust.

25 Jun 2024

China Morning Snapshot – 25 June 2024

Despite this significant reduction in inventories and the stable performance of futures contracts, key local producers have opted to keep spot PP and PE offers unchanged from the previous day.

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