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News Insight & Analysis

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05 June 2023 - Shenhua's coal-based PP and PE Auction Results
05 Jun 2023 The lack of confidence in the outlook explains the moderate percentage of deals even though the available auction quantities are much smaller than usual.
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01 Jun 2023 PET Bottle

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Weak demand, volatile upstream costs continue to weigh on the Indonesian PET market

In the meantime, several bottled beverage converters told CommoPlast that businesses during the summer season usually surge 20% from the normal time, however, new orders have been sluggish this year.
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31 May 2023

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China Morning Snapshot – 31 May 2023

The dramatic reductions on Dalian Commodity Exchange obviously drag the trading sentiment in the domestic spot market down. Spot PP and PE offers fell CNY50-100/ton day-on-day
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31 May 2023

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31 May 2023 - Shenhua's coal-based PP and PE Auction Results

Despite the substantially reduced auction volume on the final trading day of May, Shenhua failed to achieve satisfactory number of transactions.
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30 May 2023

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Saudi Aramco announces June propane prices with lofty discounts

Industry participants attributed the persistently weak demand condition from the downstream petrochemical market to the larger-than-expected reduction.
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30 May 2023

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Import homo-PP to China breached below $850/ton; buying interest remains timid

The aggressive pricing decisions, instead of stimulating purchasing activities, push many buyers, who initially planned to make larger purchases at $850/ton CFR China to the sidelines for fears that the downtrend might persist.
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30 May 2023

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China Morning Snapshot – 30 May 2023

Following a strong trading session in the previous day that helped to digest a considerable quantity of domestic inventories, Chinese market participants decide to adopt a wait-and-see stance.
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30 May 2023

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30 May 2023 - Shenhua's coal-based PP and PE Auction Results

Shenhua continues to achieve a satisfactory number of transactions on the second auction session of the week as most deals were done before key contracts on Dalian Commodity Exchange lost most of the earlier gains.
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