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News Insight & Analysis

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Saudi Aramco announced November propane prices to Asia with increases
03 Nov 2022 This is because the demand from the downstream petrochemical industry across Asia remains sluggish and many plants in this region are operating at reduced rates, affecting the demand for feeds.
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03 Nov 2022

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China Morning Snapshot – 03 November 2022

A trader told CommoPlast that import arrival this month would be lower than the previous few months, hence, inventory pressure would be manageable.
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03 Nov 2022

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

Transactions remain satisfactory, but dropped from the previous day, signalling that buyers continue to resist any attempt to increase prices.
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27 Oct 2022

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China Morning Snapshot – 27 October 2022

Transactions recorded throughout the morning session are largely in small quantities amid the reticence to build stocks.
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27 Oct 2022

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

Chinese bidders showed better acceptance on the Shenhua auction platform toward the end of the week, especially after the producer offered additional discounts on deals.
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26 Oct 2022

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Vietnamese homo-PP market races lower on weak demand

On the other hand, several other local traders reported having reached the credit limit to open Letter of Credit, hence, might postpone all additional replenishments to further dates.
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26 Oct 2022

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Malaysia’s PrefChem started marketing on-spec HDPE cargoes in SEA

The producer started to offer out on-spec HDPE injection and HDPE film cargoes across the Southeast Asia market this week at relatively competitive price levels.
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26 Oct 2022

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China Morning Snapshot – 26 October 2022

Market sources said that producers are pushing stocks to the distribution market ahead of the month end closing, but real demand from manufacturers has not shown any major improvement.
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