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News Insight & Analysis

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China Morning Snapshot – 10 May 2022
10 May 2022 The number of transactions observed throughout the morning session fell sharply from the previous day despite the additional price cuts.
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09 May 2022

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[FREE] 9 May 2022 - Shenhua's coal-based PP and PE Auction Results

Chinese bidders are losing purchasing appetite as the government raise concerns over the unemployment rates in Shanghai and Beijing
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09 May 2022

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

Although Chinese PP producers are operating at lower rates, the outbreak severely curtail demand as manufacturers are unable to export their cargoes amid the torrid port congestion.
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09 May 2022

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Indonesian PP, PE market comes back from the holiday on a stable note

Trading sentiment is weak. Manufacturers are returning to work gradually, though many decision makers are still away from their desks, which could lead to another week of quietness.
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09 May 2022

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China Morning Snapshot – 9 May 2022

Sources said that May and June are the traditionally low demand season, which coupled with the pandemic situation, might weigh on the near-term demand outlook.
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06 May 2022

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[FREE] 6 May 2022 Shenhua's coal-based PP and PE Auction Results

Clearly, without the incentive, Chinese buyers are not interested in making large purchases when the government is doubling down on the ‘Zero Tolerance” policies on COVID-19.
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06 May 2022

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Saudi Arabia producer continues to cut PE offers to China

Hopes are that demand in China would rebound once the government eases COVID-19 containment measures while pumping economic stimulus to boost domestic growth.
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06 May 2022

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China Morning Snapshot – 6 May 2022

Trading sentiment is soft, approaching the weekend. Sellers remain optimistic about the market outlook citing the government’s commitment to boosting the economy.
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