China Morning Snapshot – 26 June 2023

26 Jun 2023 The Chinese market plays catch up following the Dragon Boat Festival with buyers mostly remaining on the sidelines throughout the early trading hours of the day to assess a whole new set of economic challenges.

26 Jun 2023

At multi-year lows, the Indonesian PE market shows signs of stabilization

An increasing number of Indonesian traders reported having achieved a satisfactory number of transactions for both HDPE and LLDPE film without conceding to large discounts.

26 Jun 2023

26 June 2023 - Shenhua's coal-based PP and PE Auction Results

The Chinese market returned from the long weekend holiday to witness a drastic slump in trading activities on the Shenhua auction platform as both homo-PP and LLDPE grades achieved deals below 15% of its auction volume.

23 Jun 2023

Vietnamese homo-PP market sees an uptick in buying activities; buyers’ confidence remains fragile

Data from CommoPlast showed that the average import homo-PP yarn offers based on CIF Vietnam terms are now at the lowest levels since late October 2022. Weighing the market outlook, the price risks seem more acceptable.

21 Jun 2023

China Morning Snapshot – 21 June 2023

In fact, Chinese suppliers have been heavily focusing on serving the domestic demand since the beginning of the week, leveraging the stabilizing market trend, and improving purchasing interest.

21 Jun 2023

21 June 2023 - Shenhua's coal-based PP and PE Auction Results

Trading activities on the Shenhua auction platform remained relatively strong on the final trading day of the week as bidders are highly motivated by the resilient Dalian Commodity Exchange.

20 Jun 2023

China Morning Snapshot – 20 June 2023

Domestic suppliers shrugged off the soft futures market to maintain spot PP and PE offers largely unchanged from the previous session on the back of the sharp inventory reductions.

20 Jun 2023

20 June 2023 - Shenhua's coal-based PP and PE Auction Results

Chinese bidders remained enthusiastic about making replenishment on the Shenhua auction platform, driven by the resilient futures market and reduced auction volume.

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