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News Insight & Analysis

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China Morning Snapshot – 09 January 2024
09 Jan 2024 In contrast to the futures market, the domestic spot market continues to track a softening trend with LLDPE film offers witnessing larger reductions.
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09 Jan 2024

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

The dwindling Dalian Commodity Exchange since the market returned from the New Year holiday sap all risk appetite despite Shenhua’s constant effort to adjust deal prices to make their cargoes attractive.
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05 Jan 2024

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Overseas producers lifted import PE offers to China; shipping issues in focus

In the meantime, market participants also monitor the implementation of the quality control measures on HDPE cargoes in India.
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05 Jan 2024

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Local PET bottle market surged sharply in Indonesia as effects from import quota showed

In fact, data from CommoPlast showed spot PP thermoforming currently traded in the local Indonesian market at about 22 – 25% higher than the PET bottle prices.
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05 Jan 2024

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China Morning Snapshot – 05 January 2024

Key PP and LLDPE contracts on the Dalian Commodity Exchange ended the morning session with additional losses as investors become sceptic about the prospect of the FED cutting interest rates in March
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05 Jan 2024

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Challenges in China’s PVC market: Prices dip amid weak demand

A series of other pipe makers have been operating at substantially lower rates over the past several months amid the weak global economy and the local property market turmoil.
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05 Jan 2024

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

In an interesting development, Chinese bidders continued to shy away from coal-based homo-PP on the final trading day of the week despite the CNY100/ton discount the producer provided on the auction prices.
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04 Jan 2024

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China Morning Snapshot – 04 January 2024

On the other hand, buyers actively survey the market for more attractive alternatives while cautiously making hand-to-mouth purchases.
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