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Local producer continued lifting PP offers in Indonesia, PE remained largely unchanged
05 Dec 2022 Over the weekend, a major local producer in Indonesia opened a new weekly price list with additional increases on spot PP cargoes, mirroring the active replenishment activities in the nearby China market.
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05 Dec 2022

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China Morning Snapshot - 05 December 2022

While domestic suppliers lifted spot PP and PE prices to reflect the firming Dalian Commodity Exchange and the bullish sentiment associated with the easing COVID-19 controls
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05 Dec 2022

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

Chinese bidders continue to portray a strong purchasing interest on the first trading day of this week after the government lifted COVID-19 restrictions in more cities
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02 Dec 2022

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Rebounded after eight months of declines, how sustainable is the uptrend in the Asian PVC market?

However, spot demand is coming back. After a wave of strong replenishment activities in China, the Asian market is now witnessing the return of Indian customers after months of adopting a cautious stance.
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02 Dec 2022

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Local producer slashed PE offers in India amid softer demand

Unlike the PVC market, demand for PP and PE in India has been soft while market participants are very much looking forwards to new supply from HPCL-Mittal Energy Limited (HMEL) plant this January.
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02 Dec 2022

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China Morning Snapshot – 02 December 2022

Interestingly, domestic suppliers decided to maintain spot PP and PE unchanged in spite of the rising futures market.
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02 Dec 2022

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Active purchasing activities observed in the Chinese PP market as COVID-19 controls eased

After depleting a good number of cargoes, overseas sellers started to limit selling quantities in anticipation of higher prices in the coming week.
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02 Dec 2022

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

Given the stronger buying interest, Shenhua kept deal prices for homo-PP unchanged day-on-day but decided to lower LLDPE price by CNY100/ton to facilitate sales.
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