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News Insight & Analysis

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08 March 2024 - Shenhua's coal-based PP and PE Auction Results
08 Mar 2024 Transactions have fallen compared to the previous auction session considering there were only CNY10/ton discounts available on deals for both homo-PP and LLDPE cargoes.
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07 Mar 2024

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Chinese PVC market weakens on lethargic demand; suppliers testing the export market

However, at the time of this report, many PVC pipe manufacturers still struggle with the lack of finished goods order amid the lingering property market turmoil.
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07 Mar 2024

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Chinese PET market rebounded on restocking activities

The Chinese PET bottle market surprisingly picks up toward the weekend with suppliers reporting satisfactory sales results after lifting spot offers by CNY50/ton
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07 Mar 2024

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China Morning Snapshot – 07 March 2024

The firm stance on spot PP and PE cargoes amid a bearish futures market did not help to quicken the pace of inventory depletion for local producers.
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07 Mar 2024

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07 March 2024 - Shenhua's coal-based PP and PE Auction Results

After noting consistent pricing, customers were observed restocking coal-based cargoes as the auction prices are still more competitive than regular parcels in the domestic spot market.
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06 Mar 2024

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Middle Eastern LDPE film inches lower in China amid stiff buyer resistance

The Chinese LDPE film market has been steadily climbing higher since early 2024 stemming from the expectations that deep-sea cargoes from the US and Iran would be limited
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06 Mar 2024

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China Morning Snapshot – 06 March 2024

Buyers who have been delaying purchases are refilling need-based cargoes, while others continue to monitor to see if better offers become available.
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06 Mar 2024

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06 March 2024 - Shenhua's coal-based PP and PE Auction Results

Thanks to the rebounded Dalian Commodity Exchange and Shenhua’s effort to lure customers back to the auction platform by cutting deal prices, the auction session concluded with concrete results.
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