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News Insight & Analysis

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Malaysian producer lifted LDPE film offers to Vietnam by $100/ton
13 Feb 2023 While showing stiff resistance toward the LDPE film grade, Vietnamese buyers are more willing to proceed with purchases for LDPE lamination after the $10/ton discount.
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13 Feb 2023

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Local PP, PE market in Indonesia loses steam as weak demand triumph

The influx of competitive Chinese materials further favour buyers’ position. Sources said that the minor price cuts from the producer generate little buying interest since traders have been slashing prices several times last week.
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13 Feb 2023

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China Morning Snapshot – 13 February 2023

Traders are not in rush to make any major adjustments hoping that transactions would improve if Dalian Commodity Exchange continued to increase in the coming days.
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13 Feb 2023

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13 February 2023 - Shenhua's coal-based PP and PE Auction Results

Still, Chinese buyers prefer to maintain a conservative stance toward the near-term outlook, which highlights the lack of risk appetite as well as confidence in the market.
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09 Feb 2023

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China Morning Snapshot – 09 February 2023

Several packaging manufacturers reported slight uptick in finished goods order, which encourage them to return to the market for fresh purchases.
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09 Feb 2023

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Asian ethylene and propylene market on the rise as supply tightened

The Asian ethylene and propylene markets have been on the rise since January 2023 as supply tightened stemming from a prolonged period of production rate cuts among Asian crackers as a result of negative margins and weak downstream demand.
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09 Feb 2023

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09 February 2023 - Shenhua's coal-based PP and PE Auction Results

Following three consecutive sessions of sluggish trading sentiment, Chinese bidders returned to the Shenhua auction platform to make replenishment today, resulting in a rather strong sales result.
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08 Feb 2023

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Price List: Zhongjing further reduces export PP offers on persistently soft demand

This is the second downward adjustment this week and the fourth since the producer returned from the Lunar New Year holiday.
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