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News Insight & Analysis

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24 May 2023 - Shenhua's coal-based PP and PE Auction Results
24 May 2023 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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23 May 2023

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Taiwanese PVC falls for the third straight month in Asia; weak demand persists

Following a brief delay, a key Taiwanese producer announces June PVC shipment offers to Asia with a $20/ton reduction from May despite the recent shutdown that impacted spot availability.
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23 May 2023

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Price List: Zhongjing resumes price cuts for export PP backed by poor demand

Efforts to maintain prices stable from the previous session proved to be void as Zhongjing Petrochemical resumes the downward trend on export PP offers to remain relevant in a market that is heavily affected by global macroeconomic strains.
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23 May 2023

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China Morning Snapshot – 23 May 2023

Despite the slight rebound, trades were inadequate as buyers that made purchases in the previous session opted to sit out this session expecting further discounts
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23 May 2023

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

Following a depressing start at the beginning of the week, transactions on the Shenhua auction platform recovered sharply on the second day of the week thanks to the rebounded Dalian Commodity Exchange.
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22 May 2023

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Price List: Zhongjing maintains export PP offers stable following two weeks of reductions

In the domestic market in China, downward pressure escalates on the first trading day of the week as key contracts on Dalian Commodity Exchange nosedive to 2023's new lows.
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22 May 2023

insight

Local PP, PE market extended the weakening trend in Indonesia

Surprisingly, converters in the packaging sector started seeing an improvement in finished goods demand, particularly for LLDPE rolls, which is contributed to the post-holiday restocking
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22 May 2023

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China Morning Snapshot – 22 May 2023

Market sources said that trading activities come close to zero even after the latest reductions and the smaller-than-usual built-up in local stocks.
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