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China Morning Snapshot – 08 August 2023
08 Aug 2023 On the other hand, local traders started feeling the pinch of a persistently softening purchasing interest.
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08 Aug 2023

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08 August 2023 - Shenhua's coal-based PP and PE Auction Results

The overall buying sentiment remains significantly jaded this week as trading activity on the Shenhua auction platform reduced considerably especially for LLDPE despite both homo-PP and LLDPE being CNY50/ton lower than the previous session.
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07 Aug 2023

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Price List: Zhongjing rollovers export PP offers as demand fades

In the nearby Southeast Asian market, transactions have dropped sharply over the past week as buyers resisted the recent upswing amid still dwindling end-product demand.
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07 Aug 2023

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Local PP and PE offers in Indonesia firmed up at a slower pace

Although a key domestic producer in Indonesia continues to lift spot PP and PE offers to reflect the persistently supply tightness, the pace of price increment has somewhat slowed as a result of the rapid deterioration in purchasing interest.
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07 Aug 2023

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China Morning Snapshot – 07 August 2023

Producers continue to face upward pressure from rising upstream costs and without maintaining a firm stance on the prices, loss making might ensue.
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07 Aug 2023

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

Sources said the producer targeted concerns over the growing local supply while real demand has not caught up with the recent rally in raw material costs.
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04 Aug 2023

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Southeast Asian homo-PP surged above $1000/ton in Indonesia on supply tightness

At least two major Southeast Asian producers have lifted import homo-PP yarn offers to Indonesia above the $1000/ton threshold this week, paving the way for other suppliers to implement similar pricing decisions in the coming week.
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04 Aug 2023

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South Korean producer maintains firm stance on August HDPE offers to SEA.

The Asian HDPE market has been witnessing severe supply tightness for several weeks in a row due to lack of availability from key suppliers from Saudi Arabia and Thailand.
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