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News Insight & Analysis

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Taiwanese major lifted August PVC offers larger than expected
18 Jul 2023 A major Taiwanese producer has announced fresh PVC offers for August loading to Asia with a large increase from July on the back of reduced availability and an uptick in demand in the Indian market.
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17 Jul 2023

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Price List: Zhongjing keeps export PP offers unchanged as local market loses steam

The most traded PP and LLDPE contracts on Dalian Commodity Exchange fell sharply on the first trading day of the week after official data showed the Chinese economy expanded at a slower pace than expected in the second quarter of the year.
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17 Jul 2023

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Indonesian maker resumed lifting PP, PE offers to the domestic market

According to market sources, the upward adjustments are appropriate considering the lack of ready stocks for homo-PP yarn, HDPE, and LLDPE cargoes.
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17 Jul 2023

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China Morning Snapshot – 17 July 2023

Local suppliers did not immediately respond to the plunging futures market, instead, continue to raise spot LLDPE film offers by as much as CNY100/ton.
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17 Jul 2023

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17 July 2023 - Shenhua's coal-based PP and PE Auction Results

Following a strong rally last week, Shenhua raised offers for homo-PP by CNY100/ton and LLDPE by CNY90/ton right on the first auction session this week, which could not be any worse timing.
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14 Jul 2023

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Price List: China’s Zhongjing lifted export PP offers on stronger local market

Optimism over a brighter economic outlook has been fueling trading sentiment on the Dalian Commodity Exchange throughout the week, which in turn, encouraged purchasing activities in the domestic spot market.
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14 Jul 2023

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Chinese PE market holds firm amid uptick in demand

Among the PE film grades, customers show a strong interest in LLDPE film. Several international producers and trading houses even lifted spot prices twice this week following satisfactory responses from buyers.
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14 Jul 2023

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China Morning Snapshot – 14 July 2023

Meanwhile, it is worth noting that a large bulk of local inventories were absorbed by the distribution market this week, and it is time traders attempt to release the on-hand stocks to converters for a margin.
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