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News Insight & Analysis

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China Morning Snapshot - 17 April 2023
17 Apr 2023 Key PP and LLDPE contracts for May delivery continue to trade in the positive territory this morning on the expectation that the Chinese economy would recuperate further in the coming month
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17 Apr 2023

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17 April 2023 - Shenhua's coal-based PP and PE Auction Results

Though the percentage of transactions weakened slightly compared to the previous session, Chinese buyers seem more willing to accept higher prices, at least on this trading platform, reflected in the higher deal prices compared to auction prices.
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14 Apr 2023

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China Morning Snapshot – 14 April 2023

Buyers are taking a peripheral stance on purchases having made necessary replenishments over the past few sessions causing weak overall market sentiment today.
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14 Apr 2023

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

The Shenhua auction platform saw much better transactions on the final trading day of the week as the producer stepped back on deal prices.
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13 Apr 2023

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Two overseas suppliers cut PE offers to China; confusion started building up

The previously reported optimism about the demand outlook in May seems waning as the latest economic data in China and the US highlights the slow economic recovery progress.
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13 Apr 2023

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Indonesian PET market tracks stable to firmer trend amid soft demand

Industry sources said that even with the summer season approaching and the revival of the tourism sector, the demand for PET bottle remains below the seasonal norms.
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13 Apr 2023 SPVC k67-68

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Chinese PVC inches lower in Vietnam; May outlook remains bleak

Besides, all eyes are on the announcement from the Indian government pertaining to the safeguard measures (in the form of quantitative restrictions) against the import of PVC.
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13 Apr 2023

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China Morning Snapshot – 13 April 2023

The market might remain soft in the remainder of the week as buyers seem completing replenishment activities before China and the long Labour Day holiday.
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