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News Insight & Analysis

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China Morning Snapshot – 13 July 2023
13 Jul 2023 Bullish expectations surrounding more economic stimulus from the Chinese government and fewer interest rate hikes from the FED have been elevating the equity market over the past couple of days.
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13 Jul 2023

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13 July 2023 - Shenhua's coal-based PP and PE Auction Results

For the fourth trading session in a row, trading activities on the Shenhua auction platform are healthy, reflecting in the continued satisfactory deals concluded.
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12 Jul 2023

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Price List: Zhongjing revises export PP offers upward on improving trading sentiment

Improved trading activities locally help Chinese suppliers to deplete a good number of cargoes, further freeing them from any inventory pressure.
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12 Jul 2023

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Malaysian producer continued slashing PE offers to Vietnam

While negotiations are still ongoing for LDPE cargoes, Vietnamese customers have accepted HDPE yarn parcels at no additional discount from the initial offers.
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12 Jul 2023 PET Bottle

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Import PET bottle market gallops higher in Indonesia, buyers return to competitive local cargoes

This market is not the only sector that started regaining strength this week. Other petrochemical segments such as polyethylene (PE) and polypropylene (PP) are inching higher on better near-term demand prospects
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12 Jul 2023

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China Morning Snapshot – 12 July 2023

With surging futures contracts on Dalian Commodity Exchange, Chinese producers are not shy from implementing additional increases on spot PP and PE cargoes.
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12 Jul 2023

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12 July 2023 - Shenhua's coal-based PP and PE Auction Results

Trading activities on the Shenhua auction platform continued to witness leveraged sales with both homo-PP and LLDPE securing full deals supported by the limited auction volume
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11 Jul 2023

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Statistics: China’s PP, PE import arrival recovered in May, but down year-on-year

Higher import arrival coupled with rising local production outputs led to a bloated domestic market throughout the month, which in turn, weighed heavily on both PP and PE prices.
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