Accelerated downtrend in Indonesia's local PP and PE market amid bearish short-term outlook

01 Jul 2024 This move was anticipated by market participants and aligns with the downward trend set by the producer for the third quarter term contract settlements.

01 Jul 2024

01 July 2024 - Shenhua's coal-based PP and PE Auction Results

The coal-based producer reduced auction prices for both homo-PP and LLDPE by CNY 80/ton from the previous session.

29 Jun 2024 PET Bottle

Chinese PET bottle market tracked a stable to softer trend amid timid buying activities

The depreciation of the Yuan against the US dollar allowed Chinese exporters the flexibility to adjust their offers this week. Yet, responses were weak.

29 Jun 2024

Chinese LDPE film market loses momentum, aggressive price hikes face resistance

At the time of this report, domestic supply remained tight. However, market sources expected a strong wave of import arrivals toward the end of July to early August, which would boost spot availability substantially.

28 Jun 2024

China Morning Snapshot – 28 June 2024

Local suppliers did not let the opportunity to increase their offers slide. The strengthened Dalian Commodity Exchange coupled with the reduced inventory pressure

28 Jun 2024

28 June 2024 - Shenhua's coal-based PP and PE Auction Results

Shenhua concluded the final auction of the month on a strong note, supported by the strong futures contract on the Dalian Commodity Exchange and the reduced auction quantities.

27 Jun 2024

China Morning Snapshot – 27 June 2024

Trading sentiment in the domestic spot market has shown slight improvement from the previous day with spot offers mimicking the resilience of the Dalian Commodity Exchange.

27 Jun 2024 Propylene

Asian propylene market trended higher on supply tightness; weak demand capped the upside

The Asian propylene market has experienced a prolonged period of rangebound trading, with no significant forces causing sharp upward or downward movements.

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