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News Insight & Analysis

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Saudi Arabia’s PE inches lower in China as soft demand outweighed supply tightness
08 Apr 2024 In spite of the continued rising local LDPE film prices, Chinese customers are not confident enough to scour the import market for cargo.
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08 Apr 2024

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Price List: Zhongjing Petrochemical maintains stable export offers amid market uncertainty

The company is reportedly considering a potential price adjustment as current market response is rather bleak as market players have just got back from the Tomb Sweeping holiday.
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08 Apr 2024

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China Morning Snapshot – 08 April 2024

Several traders expressed the intention to introduce a minor increase of CNY50/ton if responses from buyers are better toward the second half of the trading day.
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08 Apr 2024

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08 April 2024 - Shenhua's coal-based PP and PE Auction Results

The concluded volume for both homo-PP and LLDPE is lesser today compared to Sunday, indicating a cautious stance among buyers toward the firmer price level.
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04 Apr 2024

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Chinese PVC market tracks stable to softer trend, moderate pre-holiday replenishment activities observed

According to market sources, buyers are more willing to proceed with replenishment after obtaining discounts on growing expectations that the local market might have limited space to reduce substantially in the near term.
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04 Apr 2024

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Asian LDPE market tracks stable to firmer trend amid lingering supply tightness

Within Southeast Asia, the Indonesian LDPE film market has climbed to the highest level since late August 2022 on the back of supply tightness and the weakening Rupiah against the US dollar.
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03 Apr 2024

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Strong upstream costs, improved demand elevate Chinese PET bottle market

The Chinese PET bottle market gains support to firm up this week as converters surprisingly return to action just before the long weekend holiday. Sources reported uptick in transactions
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03 Apr 2024

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China Morning Snapshot – 03 April 2024

The lack of pre-holiday replenishment activities, though posing concerns for many traders, is not as bearish to others.
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