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News Insight & Analysis

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Saudi Aramco rollover December propane price as supply tightness meet reduced demand
30 Nov 2023 The prices act as an indicator for other Middle East liquefied petroleum gas (LPG) producers to gauge the Asian market acceptance.
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30 Nov 2023

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China Morning Snapshot – 30 November 2023

The domestic spot market experienced upward adjustments, with producers indicating low inventory pressure, staying below the 600,000-ton threshold by month-end.
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30 Nov 2023

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

Shenhua expectedly cut back on the auction volumes on the final trading day of November, which coupled with reductions in deal prices, led to satisfactory sales results.
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29 Nov 2023 SPVC k67-68 SPVC (A) k67-68

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Chinese PVC market: Stable offers with thinner transactions

According to market sources, buyers here managed to ‘catch the bottom’ and now prefer to wait on the sideline amid the uncertain demand outlook.
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29 Nov 2023

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China Morning Snapshot – 29 November 2023

However, confidence in the near-term outlook is tepid, with some expecting prices to potentially require further discounts to stimulate the next round of purchases.
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29 Nov 2023

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29 November 2023 - Shenhua's coal-based PP and PE Auction Results

Purchasing activities on the Shenhua auction platform remain satisfactory toward the month-end as the coal-based producer conceded to another CNY20-30/ton discount from the previous session to facilitate transactions
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28 Nov 2023 PPH Raf

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Indonesian trading house buck the trend to lift local homo-PP yarn offers

Indeed, Indonesian woven bag manufacturers have repeatedly complained about the persistently sluggish finished goods market over the past couple of months
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28 Nov 2023

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China Morning Snapshot – 28 November 2023

Sources believe that with the month-end closing fast approaching, both Sinopec and CNPC might be able to deplete the inventories to below the 600,000 tons threshold.
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