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News Insight & Analysis

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Overseas suppliers further step back on import PE offers to China
29 Jun 2022 As reported earlier, the absence of manufacturers from the agriculture sector amid the off-peak season put tremendous pressure on the related raw material grades, including mPE, LLDPE film, and LDPE film.
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29 Jun 2022

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China Morning Snapshot – 29 June 2022

The combined reduction of 85,000 tons in local stocks in two days signal that sellers’ pricing strategies are working.
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28 Jun 2022

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[FREE] 28 June 2022 - Shenhua's coal-based PP and PE Auction Results

Chinese buyers continue to secure homo-PP cargoes on the Shenhua auction platform as the producer keep deal prices largely unchanged from the previous day.
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28 Jun 2022

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Southeast Asian PVC market continues to fall as demand remains sluggish

Southeast Asian buyers are keeping a close eye on the demand recovery progress in China. With the Chinese government committed to reviving the COVID-19 battered economy, the property market here might pick up.
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28 Jun 2022

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China Morning Snapshot – 28 June 2022

Key contracts for September delivery advance for the second session in a row on optimism over the further lifting of COVID-19 restrictions and the government’s commitment to rolling out more economic support in a timely manner.
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27 Jun 2022

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South Korean homo-PP once again dives below $1200/ton threshold in Vietnam

The initial responses from Vietnamese buyers are not great, given the fact that most buyers are covered from their previous purchases.
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27 Jun 2022

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Local PP, PE market extended firming trend in Indonesia, except mPE

On the other hand, the demand condition has not changed. As reported earlier, many manufacturers have replenished comfortably for the next couple of months, hence, prefer to wait on the sideline to monitor further development.
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27 Jun 2022

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China Morning Snapshot – 27 June 2022

While PP continues to attract buying attention, demand for LLDPE film remains slothful, market sources reported.
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