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China Morning Snapshot – 15 November 2022
15 Nov 2022 The rapid uptrend started to face resistance. Local suppliers complained of visible drop in sales since the beginning of this week, hence the reduction in spot PP cargoes.
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15 Nov 2022

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15 November 2022 - Shenhua's coal-based PP and PE Auction Results

While the number of transactions for homo-PP has fallen from the previous session, Chinese buyers continue to search for competitive LLDPE cargoes thanks to the firming Dalian Commodity Exchange.
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14 Nov 2022

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Statistics: China’s petchem outputs hit 2022’s all-time high in October

Data from the National Bureau of Statistics showed that the local petchem outputs rose 8.2% compared to September and 10.5% compared to October 2021.
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14 Nov 2022

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Domestic PP, PE offers in Indonesia continued to gallop lower

A major local producer in Indonesia opened a fresh weekly PP and PE price list with additional decreases over the weekend, marking the third consecutive week of downward adjustment
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14 Nov 2022

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China Morning Snapshot – 14 November 2022

Higher spot PP and PE prices started to face resistance; however, sellers do not seem in rush to make any downward adjustment.
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14 Nov 2022

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14 November 2022 - Shenhua's coal-based PP and PE Auction Results

The number of transactions on the Shenhua Auction Platform improved sharply compared to the previous session even though deal prices for both homo-PP and LLDPE are CNY210/ton and CNY250/ton higher.
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07 Nov 2022

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Price List: Zhongjing Petrochemical lowers export PP offers

China’s Zhongjing Petrochemical decided to reduce export PP offers by $10-15/ton compared to the previous price announcement, reflecting the general downtrend observed across the Asian market.
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07 Nov 2022

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Key Indonesian producer slashed spot PP, PE prices further after FM

Market sources said that weak demand and the constantly falling import market overshadowed the tightening local supply outlook.
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