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News Insight & Analysis

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Local producer revises PP, PE upward in Indonesia on reduced inventory pressure
05 Jul 2023 As the rollover introduced earlier this week was deemed overly conservative considering the bullish market development, a major Indonesian producer decided to revise spot PP and PE offers upward
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05 Jul 2023 SPVC k67-68

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Indonesian PVC producer announces July offers with surprising reductions

The price decision reflects the latest development in the import market, and although pleasant, Indonesian buyers show little interest in securing large quantities
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05 Jul 2023

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China Morning Snapshot – 05 July 2023

On the other hand, market participants in the Southern China region reported an uptick in inquiries for LLDPE film cargoes – an inevitable result of a prolonged period of lacking restocking.
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05 Jul 2023

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

Trading sentiment on the Shenhua auction platform improved sharply from the previous session, particularly for coal-based homo-PP cargoes after the producer agreed to CNY10/ton discount.
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03 Jul 2023

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Price List: Zhongjing Petrochemical keeps export PP offers stable on the first week of July

Key Chinese PP producer Zhongjing Petrochemical opened export PP offers for the first week of July stable from last week to size up market response despite the continued depreciating Yuan against the US dollar
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03 Jul 2023

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Indonesian producer rollovered PP, PE offers after strong sales results

The latest offers somewhat surprised the market, however, there have been discussions that a weak global economic outlook might have overshadowed sellers’ confidence.
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03 Jul 2023

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China Morning Snapshot – 03 July 2023

Several traders told CommoPlast about the soft finished goods market, reflecting in the lack of new PO among export-oriented converters.
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03 Jul 2023

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

Trading activities on the Shenhua auction platform dipped for homo-PP with a majority of the sales being need-basis despite a significant drop of CNY90/ton from last week.
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