China Morning Snapshot – 07 September 2023

07 Sep 2023 The bearish development on the futures market immediately impacted spot offers in the local market with LLDPE film inching CNY50/ton lower than the previous session.

07 Sep 2023

07 September 2023 - Shenhua's coal-based PP and PE Auction Results

Trading sentiment on the Shenhua auction platform remains strong toward the weekend thanks to the resilient Dalian Commodity Exchange.

05 Sep 2023

South Korean producer lifts homo-PP offers to Vietnam as the market resumes trading.

Vietnamese market participants returned from the long weekend National Day holiday to witness a fresh hike in import homo-PP offers from a key South Korean producer

05 Sep 2023 SPVC k67-68 SPVC (A) k67-68

Chinese PVC market gains traction on renewed hope for the property sector.

Data from CommoPlast showed spot offers for both ethylene-based and carbide-based PVC are now at the highest levels since earlier this year.

05 Sep 2023

China Morning Snapshot – 05 September 2023

The concept of “Golden September, Silver October” is further strengthened by the strong upstream costs and reduced sales pressure among local and international sellers.

05 Sep 2023

05 September 2023 - Shenhua's coal-based PP and PE Auction Results

While auction prices were largely unchanged from the previous session, buyers seemed more willing to place slightly higher bids to secure the cargoes, particularly for homo-PP.