China Morning Snapshot – 14 December 2023

14 Dec 2023 Chinese suppliers opted to roll over spot PP and PE offers from the previous day, citing the lack of inventory pressure as the primary support while shrugging off the dwindling futures market.

14 Dec 2023

14 December 2023 - Shenhua's coal-based PP and PE Auction Results

Key PP and LLDPE contracts on the Dalian Commodity Exchange regained strength at the start of the trading day on optimism that the FED might embark on interest rate cut cycle as early as 2024.

13 Dec 2023

China Morning Snapshot – 13 December 2023

Chinese traders were rather optimistic at the start of the trading day, attempting to introduce additional hikes on both PP and PE offers to reflect the firming overseas market.

13 Dec 2023

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

With key contracts on the Dalian Commodity Exchange struggle to retain the previous rally, buyers started portraying a certain level of reservation toward new purchases.

12 Dec 2023

Taiwanese major postpones January PVC price announcement amid heightening pressure

According to market sources, a major Taiwanese producer has decided to postpone the new PVC price announcement for January loading until next week amid heightening market challenges.

12 Dec 2023

Local PE market in China regains strength as agricultural film season begins

There have been heavy discussions in the market claiming the three-month declining streak might have found its footing, which encourages converters to resume making fresh purchases.