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China Morning Snapshot – 14 November 2022
14 Nov 2022 Higher spot PP and PE prices started to face resistance; however, sellers do not seem in rush to make any downward adjustment.
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14 Nov 2022

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14 November 2022 - Shenhua's coal-based PP and PE Auction Results

The number of transactions on the Shenhua Auction Platform improved sharply compared to the previous session even though deal prices for both homo-PP and LLDPE are CNY210/ton and CNY250/ton higher.
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07 Nov 2022

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Price List: Zhongjing Petrochemical lowers export PP offers

China’s Zhongjing Petrochemical decided to reduce export PP offers by $10-15/ton compared to the previous price announcement, reflecting the general downtrend observed across the Asian market.
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07 Nov 2022

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Key Indonesian producer slashed spot PP, PE prices further after FM

Market sources said that weak demand and the constantly falling import market overshadowed the tightening local supply outlook.
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07 Nov 2022

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China Morning Snapshot – 07 November 2022

Major contracts on Dalian Commodity Exchange ended the morning session in the red after Health Authority reiterated last Saturday that the government has no plans to ease the Zero-Covid policy anytime soon.
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07 Nov 2022

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7 November 2022 - Shenhua's coal-based PP and PE Auction Results

However, the trading sentiment weakened visibly after the Chinese Health Authorities reiterated the unwavering stance toward the Zero-Covid policy last Saturday.
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04 Nov 2022

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Chinese LLDPE and LDPE film market hit 26-month lows amid persistently weak demand

At the 2022 peak, the average import LDPE film prices carried a premium of about $260/ton over LLDPE film during March, the figure has now fallen to just slightly above $80/ton.
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03 Nov 2022

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Vietnamese homo-PP breached below $1000/ton mark in Indonesia

There are simply no other markets throughout Asia that can absorb the cargo at the moment, hence, sellers have a very limited alternative in attracting deals.
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