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News Insight & Analysis

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07 June 2023 - Shenhua's coal-based PP and PE Auction Results
07 Jun 2023 As the rebound on Dalian Commodity Exchange losing its momentum, market players continue to shy away from making purchases on the Shenhua auction platform.
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06 Jun 2023

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China Morning Snapshot – 06 June 2023

Regardless of the minor rebound on the Dalian Commodity Exchange, local suppliers keep spot PP and PE offers on the stable to softer trend, which seems to encourage some need-based purchases.
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06 Jun 2023

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06 June 2023 - Shenhua's coal-based PP and PE Auction Results

Transactions for LLDPE picked up from the previous session, however, market participants are not impressed considering the substantially reduced auction volume.
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05 Jun 2023

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Price List: China’s Zhongjing continues to reduce export PP offers

The price decision comes despite a series of bullish economic data announced over the weekend, including the targeted stimulus packages the Chinese authorities promised.
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05 Jun 2023

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Local PP, PE market in Indonesia gallops lower as sluggish demand persists

The producer has been cutting offers for five consecutive weeks to facilitate transactions, and still, the reductions observed in the import ground and in the distribution market seem to outpace the maker’s effort.
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05 Jun 2023 SPVC k67-68

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Indonesian maker opens June PVC offers to local market with moderate cuts

Several distributors confirmed better inquiries from converters in the roofing sector, however, the $20/ton reductions seem to disappoint many buyers, who were hoping to larger cuts before making replenishment.
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05 Jun 2023

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China Morning Snapshot – 05 June 2023

In spite of the government’s announcement to introduce targeted stimulus to support the property and manufacturing sectors, the weak external demand keeps the market prospect in check.
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05 Jun 2023

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05 June 2023 - Shenhua's coal-based PP and PE Auction Results

The lack of confidence in the outlook explains the moderate percentage of deals even though the available auction quantities are much smaller than usual.
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