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News Insight & Analysis

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Indonesian PVC market plunged on exchange rates, weak demand.
02 Nov 2023 Besides, the currency exchange rate issue plays an important role in the large price cuts since trades are done in the US dollar.
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02 Nov 2023

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China Morning Snapshot – 02 November 2023

Although the futures market remains on the softening track, local suppliers refused to introduce large price reductions on the back of the already squeezed margins.
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02 Nov 2023

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

Chinese bidders turned cautious on the Shenhua auction platform, resulting in reduced transactions, particularly for homo-PP
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01 Nov 2023

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Chinese PET bottle tracks stable trend in SEA; downward pressure remains.

Data from CommoPlast showed within 2023, China welcomes six new PET plants with a combined capacity of 3.8 million tons/year.
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01 Nov 2023

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China Morning Snapshot – 01 November 2023

Surprisingly, local suppliers decided to keep spot PP and PE offers on the stable to softer trend, against the firmer futures market.
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01 Nov 2023

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

Chinese bidders are attracted by the competitive pricing of coal-based cargoes as the domestic spot market remains relatively firm.
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31 Oct 2023

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Saudi Aramco lifted November propane prices; the firming trend seems slowed.

As reported earlier, Asian propane dehydrogenation (PDH) operators have been reducing utilization rates over the past months amid margin compression.
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31 Oct 2023

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Malaysia producer cuts local PP prices while keeping PE offers unchanged.

A key Malaysian producer shrugged off the weakening trend in the regional PP and PE market to introduce moderate reductions on only PP cargo for November delivery to domestic buyers.
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