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20 February 2023 - Shenhua's coal-based PP and PE Auction Results
20 Feb 2023 The producer maintained a neutral pricing strategy, avoiding any abrupt and sharp price hikes to keep buyers active.
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16 Feb 2023

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China Morning Snapshot – 16 February 2023

Weak demand has been pressurizing the market, however, the recent start-up at CNPC Guangdong Petrochemical (Jieyang) and Sinopec Hainan Refinery stoke fears over the rising domestic availability.
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16 Feb 2023

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16 February 2023 - Shenhua's coal-based PP and PE Auction Results

Regardless of the rebound on the Dalian Commodity Exchange, Shenhua continues to provide minor discounts of CNY30/ton on the coal-based materials auction platform in order to lure buyers back to the market.
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15 Feb 2023

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China Morning Snapshot – 15 February 2023

The trading sentiment seems uneven across China. Players in the Eastern region reported having achieved a good number of transactions after offering minor discounts
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15 Feb 2023

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15 February 2023 - Shenhua's coal-based PP and PE Auction Results

The producer, clearly target to deplete the on-hand stocks knowing that real demand from manufacturers would remain soft moving forward.
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14 Feb 2023

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Taiwanese major opens March PVC offers with additional increases

Compared to the cyclical bottom record in December 2022, the producer has lifted spot PVC offers by $190/ton to China and Southeast Asia and $220/ton to India, data from CommoPlast showed.
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14 Feb 2023

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China Morning Snapshot – 14 February 2023

Only a handful number of deals are observed at discounted price levels, underlining the dwindling post-holiday demand condition in this market.
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14 Feb 2023

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Another producer reduces import LLDPE film offers to China as demand dwindles

Following the price reductions pioneered by a key Qatari producer on the first trading day of the week, a Thailand maker follow suit to slash import LLDPE film offers to China
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