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News Insight & Analysis

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Middle Eastern producers set final November PE prices in Vietnam, mediocre offtake rate.
27 Oct 2023 Even though import LLDPE film prices are now well below the $1000/ton threshold, the offtake rates remain disappointing.
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26 Oct 2023

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Malaysian PP and PE offered at lower levels in Indonesia for November loading.

Weak demand, the appreciating US dollar, and better supply conditions forced a key Malaysian producer to step back on new PP and PE offers for November loading to Indonesia this week.
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26 Oct 2023

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26 October 2023 - Shenhua's coal-based PP and PE Auction Results

Trading sentiment on the Shenhua auction platform weakened slightly toward the weekend to reflect falling futures contracts on the Dalian Commodity Exchange.
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25 Oct 2023 PPH Raf

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Vietnamese homo-PP market tracks a diverged trend; demand remains sluggish.

In China, real demand from manufacturers remains dwindling, however, bullish expectations on the government’s continued effort to support the economy once again uplift key futures contracts on the Dalian Commodity Exchange this week.
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25 Oct 2023

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China Morning Snapshot – 25 October 2023

The Dalian Commodity Exchange ended the morning session with additional gains as investors put aside the weakening energy complex to focus on the possibility of an early issuance of local government bond
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25 Oct 2023

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25 October 2023 - Shenhua's coal-based PP and PE Auction Results

Market has been searching for support to halt the current downtrend and all eyes are on the government’s debate on the early issuance of government bond
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24 Oct 2023 LL C4 Film

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Saudi Arabia producer cut November PE offers to Asia as demand weakened.

A key Saudi Arabia producer announced November PE shipment offers to Asia with reductions from the previous month – a development market participants well expected considering the renewed falling demand across the region.
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24 Oct 2023 SPVC k58 SPVC k64-65 SPVC k67-68 SPVC k70 SPVC (A) k67-68

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Local producer lifted PVC price in India; Asian market hopes for a rebound.

In the previous week, a key Taiwanese producer decided to slash November shipment offers to India by $100/ton to close deals at $770/ton CIF India. Responses were strong.
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