China Morning Snapshot – 04 August 2023

04 Aug 2023 “There have been heated discussions regarding the government’s intensifying effort to crack down on some opaque commodity transactions, which raise concerns over the trading volume on the Dalian Commodity Exchange," said a trader

04 Aug 2023

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

Supporting sales also were the CNY20/ton reduction for both grades which invited buyers back into the market to make some purchases with prices being more competitive than those in the domestic market.

03 Aug 2023

China Morning Snapshot – 03 August 2023

However, players pointed to the possibility that the recent rally in the PP sector might need to take a breather since resistance from the market is now overwhelming.

03 Aug 2023

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

On the other hand, limited supply coupled with smaller price hikes kept bidders interested in the coal-based LLDPE cargoes.

01 Aug 2023

China Morning Snapshot – 01 August 2023

Key PP and LLDPE contracts on Dalian Commodity Exchange ended the morning session with minor gains as investors focus on the positive aspects of the latest manufacturing activities data.

01 Aug 2023

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

While PP and PE offers in the domestic spot market edging higher, Shenhua decided to maintain auction prices for coal-based cargoes unchanged, which partly contributed to the strong sales results.

31 Jul 2023

Saudi Aramco lifted propane price to Asia for the first time in five months

Saudi oil and gas giant – Saudi Aramco has announced the August propane contract price to Asia with a sizeable increase from the previous month, marking the first hike since February 2023.

31 Jul 2023

Price List: China’s Zhongjing lifted export PP offers on improving market sentiment

The price hikes are well-expected, market sources said, after a number of Chinese homo-PP cargoes were concluded at $920-930/ton FOB China in the previous week.

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