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News Insight & Analysis

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21 March 2024 - Shenhua's coal-based PP and PE Auction Results
21 Mar 2024 Chinese bidders are still prepared to make replenishment; however, pricing matter seems to be of concern at the moment.
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20 Mar 2024

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Price List: Zhongjing Petrochemical lifted export offers amid improving local demand

According to a source close to the producer, the adjustment was introduced last Friday and given the continued firming domestic market this week, Zhongjing is contemplating further hikes.
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20 Mar 2024

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China Morning Snapshot – 20 March 2024

With the continued rising futures market and substantially reduced inventory pressure, it is only natural for Chinese suppliers to lift spot PP and PE offers further.
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20 Mar 2024

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20 March 2024 - Shenhua's coal-based PP and PE Auction Results

Players said it was because the auction price was kept at a constant level whereas local sellers were increasing the spot offers by CNY50/ton, producing favourable dealings on the auction platform instead.
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19 Mar 2024

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Taiwanese producer raises PVC offers to Asia for the second straight month

Over the past weeks, market participants have been attempting to gauge the possible market direction, weighing the strong ethylene costs against the sluggish demand conditions regionwide.
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19 Mar 2024

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Local PP, PE market in China surprisingly picks up amid restocking activities

Comparing the demand for PP and PE, Chinese customers are more interested in adding extra PP cargo to their existing stocks than PE.
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19 Mar 2024

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China Morning Snapshot – 19 March 2024

With strong buying interest from customers, Chinese suppliers are in no mood to negotiate, still, transactions are satisfactory, which signals the market acceptance.
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19 Mar 2024

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19 March 2024 - Shenhua's coal-based PP and PE Auction Results

Overall concluded deals on the Shenhua Auction Platform saw excellent results with PP and PE achieving deals above 90%, much stronger than on Monday
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