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News Insight & Analysis

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Local PP, PE market extended the firming trend in Indonesia, exchange rates in focus.
18 Sep 2023 Besides the strong upstream costs, the depreciating Rupiah against the US dollar also justified the latest hikes, market sources said.
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18 Sep 2023

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China Morning Snapshot – 18 September 2023

The Dalian Commodity Exchange began the week on a bearish note as concerns over the property market overshadowed the uptick in industrial output and retail sales activities.
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18 Sep 2023

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18 September 2023 - Shenhua's coal-based PP and PE Auction Results

Shenhua auction platform kickstarted the new week with a satisfactory number of transactions as the producer maintained the auction prices on a stable to softer note compared to the previous session.
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16 Sep 2023

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Strong upstream costs, pre-holiday replenishment kept the Chinese PE market firm.

While concerns over the medium-term outlook remained, market participants are motivated by the surging crude oil prices to restock larger quantities, believing the current firming trend is here to stay.
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16 Sep 2023

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Chinese PET bottle inched higher in Indonesia, local market tracks a stable trend.

On the other hand, PET bottle supply remains comfortable in Asia, which spares buyers the urgency to make replenishments.
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15 Sep 2023

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China Morning Snapshot – 15 September 2023

In spite of the stronger futures trading, buying activities in the domestic spot market declined further on the final day of the week.
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15 Sep 2023

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15 September 2023 - Shenhua's coal-based PP and PE Auction Results

Chinese bidders rush back to the Shenhua auction platform to secure additional cargoes after the crude oil market surged to the highest levels in 2023, signalling a possibility that the PP and PE market might sustain the firming trend.
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14 Sep 2023

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China Morning Snapshot – 14 September 2023

Worries about the demand outlook also deepened after the EU Central Bank raised interest rates by 0.25% despite slowing economy.
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