China Morning Snapshot – 11 August 2023

11 Aug 2023

11 August 2023 - Shenhua's coal-based PP and PE Auction Results

Due to the exemplary auction results in the previous session, LLDPE prices were up by CNY20/ton while homo-PP prices were kept stable.

10 Aug 2023

With the futures market continuing to ascend upwards, local producers introduced incremental changes by raising spot PE prices by CNY ...

10 Aug 2023

The Shenhua auction platform continued to garner convincing trading activity with both homo-PP and LLDPE almost securing full deals despite being ...

09 Aug 2023

Despite the surges in the futures market, overall market sentiment leaves room for improvement as buyers continue to

09 Aug 2023

Trading activity on the Shenhua auction platform continued to perform on the higher end as LLDPE secured more than

08 Aug 2023

Although the market outlook in India and China has improved, concerns over the global economic slowdown continue to weigh on buyers’ confidence.

08 Aug 2023

On the other hand, local traders started feeling the pinch of a persistently softening purchasing interest.

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