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News Insight & Analysis

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China Morning Snapshot - 28 December 2022
28 Dec 2022 At this pace, there is a probability that the domestic stocks will fall below the 500,000 tons threshold for the first time in many years.
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28 Dec 2022

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Asian PVC market expects further price hikes as demand in India remains strong

Asian market participants generally expected the maker to introduce fresh increases considering the reduced availability and the steady demand in the Indian market.
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28 Dec 2022

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28 December 2022 - Shenhua's coal-based PP and PE Auction Results

Transactions on the Shenhua auction platform fell sharply from the previous day as the producer lifted deal prices by CNY70-100/ton after the strong sales results.
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27 Dec 2022

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Vietnamese homo-PP extended the firming trend in Indonesia

While trading activities across Southeast Asia have been softening amid the holiday season, three major Vietnamese PP producers decided to lift import offers to Indonesia this week.
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27 Dec 2022

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Thai’s PE inches higher in Indonesia, supply concerns encourage purchases

Unlike the previous weeks, Indonesian customers are more willing to negotiate and enter deals on the concern that the recent winter storm in the US might curtail global supply and push prices drastically higher.
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27 Dec 2022

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China Morning Snapshot - 27 December 2022

Most traded PP and LLDPE contracts on Dalian Commodity Exchange rebounded from the previous dives after Beijing announced the plan to scrap the quarantine requirements on inbound travellers, further easing the Zero-Covid policy.
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27 Dec 2022

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27 December 2022 - Shenhua's coal-based PP and PE Auction Results

Trading activities on the Shenhua auction platform remain healthy as news of China quashing quarantine requirements for international travellers boost buyers’ confidence.
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26 Dec 2022

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US petrochemical plants shut down amid subfreezing temperature in winter storms

Unlike the winter storm in February 2021, USA producers actively implemented measures to protect their critical equipment, including insulation and steam tracing.
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