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News Insight & Analysis

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Qatari PE resumes falling in China amid meagre demand, exchange rate issue
18 Oct 2022 Chinese buyers reportedly received a fresh price list from the maker with decreases week-on-week, and while responses toward the LDPE film parcels are satisfactory, customers are very much shy away from the LLDPE film cargoes.
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18 Oct 2022 SPVC k64-65 SPVC k67-68

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Key Taiwanese producer cuts November PVC offers larger than expected

The latest price cuts mark the seventh consecutive month of decline. Compared to the cyclical peak recorded in April, the list price from the producers has plunged 47% in Southeast Asia and 49% in India.
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18 Oct 2022

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China Morning Snapshot – 18 October 2022

Meanwhile, the heavy influx of competitive North American LLDPE film cargoes spook the already edgy buyers.
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18 Oct 2022

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18 October 2022 - Shenhua's coal-based PP and PE Auction Results

Paltry demand forced Shenhua to offer CNY50-70/ton discounts on both homo-PP and LLDPE to close deals, but the reductions are obviously insufficient.
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17 Oct 2022

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Price List: Zhongjing Petrochemical rollover PP export offers amid falling local market

Although the downward pressure on the domestic PP market is growing, Zhongjing tends to adopt a conservative stance in making any price adjustments.
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17 Oct 2022

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Local homo-PP market under pressure in China as supply improves

According to data from CommoPlast, at least nine Chinese PP plants have restarted production since late September, and more are on the way.
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17 Oct 2022

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Domestic producer continued cutting PP, PE offers in Indonesia

Over the weekend, a major local producer in Indonesia introduced additional price cuts on PP and PE offers, shrugging off the depreciated Rupiah against the US dollar as demand deteriorated further.
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17 Oct 2022

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China Morning Snapshot – 17 October 2022

Trading sentiment is calm throughout the early hours on the first trading day of the week, even though suppliers agreed to minor discounts to reflect the persistently weakening Dalian Commodity Exchange.
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