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News Insight & Analysis

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China Morning Snapshot – 27 March 2023
27 Mar 2023 Although buyers shy away from the market throughout the early trading hours, local producers maintain spot PP and PE offers on the stable to firmer track
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27 Mar 2023

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27 March 2023 - Shenhua's coal-based PP and PE Auction Results

The number of transactions concluded is rather satisfactory even though Shenhua lifted deal prices slightly from the previous session.
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23 Mar 2023

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Chinese buyers return to the import market in search of bottom prices: PP and PE

This week, the demand condition in China started to show a clearer sign of improvement for two visible reasons. Firstly, the widespread anticipation of the continued improving domestic consumption.
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22 Mar 2023

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China Morning Snapshot – 22 March 2023

Traders reported having concluded a good number of transactions for spot LLDPE film in the Northern China region, which encouraged them to actively seek competitive parcels from the import ground.
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22 Mar 2023

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22 March 2023 - Shenhua's coal-based PP and PE Auction Results

Compared to the previous session, the number of deals concluded on the Shenhua auction platform dropped visibly even though the producer reduced final prices by CNY50-70/ton.
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21 Mar 2023

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China Morning Snapshot – 21 March 2023

In the domestic spot market, demand for LLDPE film continues to trail ahead of other grades thanks to the support from the low availability and expectedly reduced import arrivals moving forwards.
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21 Mar 2023

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

Purchasing activities on the Shenhua auction platform surprisingly pick up on the second trading day of the week as bidders shrugged off the still dwindling futures market to focus on the latest report
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20 Mar 2023

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Qatari PE inched lower in China; buy ideas are well below that $1000/ton mark

For a major Qatari producer, this is the fifth week in a row new offer to China have been down-adjusted.
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