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News Insight & Analysis

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China Morning Snapshot - 12 January 2023
12 Jan 2023 The domestic spot market traded mixed throughout the morning session. While a segment of customers is taking advantage of the stabilizing futures market by making last-minute purchases
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12 Jan 2023

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12 January 2023 - Shenhua's coal-based PP and PE Auction Results

Though overall deals for homo-PP and LLDPE remain above 90%, deals have slightly weakened compared to yesterday, as a number of traders leave for the Lunar New Year holidays.
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11 Jan 2023

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Chinese customers are not done with restocking just yet! Sweeping purchasing activities observed in the import LDPE market

Surprisingly, the appreciated Yuan against the US dollar coupled with the tightening supply outlook lured PE buyers back to the market for last-minute purchases, especially for LDPE film.
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11 Jan 2023

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China Morning Snapshot - 11 January 2023

While the domestic market continues to witness moderate trading activities this morning, most cargo takers are traders.
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11 Jan 2023

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11 January 2023 - Shenhua's coal-based PP and PE Auction Results

Deal prices for both homo-PP and LLDPE dropped another CNY50/ton compared to the previous session, giving arbitrage traders a healthy gap with the futures market to work on.
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10 Jan 2023

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Leading Saudi PE producer announces worthwhile offers to China

Chinese buyers quickly scoop up all available quantity, partly leveraging the weakening US dollar that makes imports cheaper.
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10 Jan 2023 SPVC k67-68

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Domestic maker opened January PVC offers with sharp hikes in Indonesia

The Indonesian PVC market has been counting on the construction of the new capital city to push the demand. However, the project is advancing in a rather slow pace as the government works on securing funds.
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10 Jan 2023

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China Morning Snapshot - 10 January 2023

Chinese market participants are wrapping up all delivery obligations to local buyers before logistic services suspended operations in the coming days.
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