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News Insight & Analysis

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Price List: Zhongjing resumes PP export offers on a soft note
04 May 2023 Buyers appear overwhelmed by the disappointing Chinese PMI data, the latest key interest rate hike in the US, and the nosedived crude oil prices.
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04 May 2023

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Indonesian PVC market kickstarted May with large reductions

In spite of the sizable price cut, Indonesian customers show no real interest in making large purchases citing the still soft finished goods businesses and the cloudy global economic outlook.
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04 May 2023

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China Morning Snapshot – 04 May 2023

The previous optimism over the post-Labour Day demand outlook seems to dissipate as buyers embrace a more bearish expectation following the latest interest rate hike in the US and the weakening manufacturing activities in China.
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04 May 2023

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04 May 2023 - Shenhua's coal-based PP and PE Auction Results

The Shenhua auction platform performs poorly on the first trading day following the long Labour Day holiday even though the producer allocates just a fraction of the usual allocations to the auction session.
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03 May 2023 PET Bottle

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Indonesian PET market resumes trading on a mixed note, soft demand persists

While the buying interest in this market has been soft for weeks due to the unfavourable economic conditions; trading sentiment just worsens this week following the large drop in crude oil prices.
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02 May 2023

insight

Saudi Aramco rollovers May propane prices to Asia as weak demand persist

The price provides a benchmark against which Middle East sales of liquefied petroleum gas (LPG) to Asia are priced.
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02 May 2023

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Indonesian PP, PE market track stable to firmer trend following holiday

A key Indonesian producer announces fresh spot PP and PE offers as the market returns from the long holiday on a stable to firmer track, resuming the trend observed prior to the break.
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28 Apr 2023

insight

Saudi producer announced May PE offers to Indonesia at stable to firmer trend

The latest deal levels indicate a reduction of $10/ton on HDPE film compared to the previous transaction in April while LLDPE film is unchanged, according to CommoPlast data.
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