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News Insight & Analysis

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China Morning Snapshot – 29 May 2023
29 May 2023 As expected, local suppliers immediately lift spot PP and PE prices to reflect the rising Dalian Commodity Exchange, however, face stiff market resistance.
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29 May 2023

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29 May 2023 - Shenhua's coal-based PP and PE Auction Results

Compared to cargoes traded in the spot market and the Dalian Commodity Exchange, coal-based parcels on the Shenhua auction platform are way more attractive, which once again explains the healthy number of deals concluded.
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26 May 2023

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Taiwanese producer revises PVC offers to India market due to weak demand

Following the price revision, offers to India are now on the same par with Southeast Asia, which is considered highly unusual taking into account the shipping cost differences.
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25 May 2023

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Saudi PE tracks stable to softer trend in Asia; deals done with moderate discounts

Responses from the market are mediocre. An increasing number of Vietnamese buyers expect the downtrend to persist in the coming weeks with buying ideas emerging at $950/ton for LLDPE film
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25 May 2023

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China Morning Snapshot – 25 May 2023

With the futures market showing signs of recovery from ten consecutive sessions of sluggish trading, Chinese buyers are more confident in off taking some PP and PE cargoes
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24 May 2023

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Thailand PE soften in Malaysia amid thin demand

With LLDPE film being traded elsewhere at three digits, the lack of buying interest in Malaysia is very much understandable.
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24 May 2023

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China Morning Snapshot – 24 May 2023

Thanks to the stronger Dalian Commodity Exchange, Chinese suppliers managed to maintain spot offers unchanged day-on-day. However, transactions are mediocre.
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24 May 2023

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24 May 2023 - Shenhua's coal-based PP and PE Auction Results

Sources said that players responded well to the coal-based cargoes because the producer maintains prices largely unchanged from the previous session amid the rising futures market.
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