Chinese trader keeps homo-PP offers unchanged in Indonesia, withhold new price list to Vietnam

28 Mar 2022 Explaining the decision, a source close to the trading house said that the shipping costs to Vietnam rise sharply in April while to Indonesia, the increases are merely one third or half of the hikes to the former.

28 Mar 2022

China Morning Snapshot – 28 March 2022

Converters are operating at lower rates while combating the factory outbreak. Chinese players are generally not bullish about the near-term outlook

25 Mar 2022

[FREE] 25 March 2022 - Shenhua's coal-based PP and PE Auction Results

Chinese bidders continue to scour the competitive cargoes on the Shenhua auction platform on the final trading day of the week as the producer agreed to a minor discount on homo-PP parcels.

25 Mar 2022

China Morning Snapshot – 25 March 2022

Traders have yet to find solutions to the storage and cross-province delivery issues. Meanwhile, port congestions and rising ocean freight rates are hurdling export businesses.

24 Mar 2022

[FREE] 24 March 2022 - Shenhua's coal-based PP and PE Auction Results

Chinese bidders rush back to the market to secure the cargoes on the Shenhua auction platform after the 5% surge in crude oil prices spurred expectations that sellers would attempt to lift prices further.

24 Mar 2022

China Morning Snapshot – 24 March 2022

This is the first time since 3 March the domestic stocks fell below the 900,000 tons threshold and it is not because of an uptick in demand but from the mass operating rates adjustments since the beginning of the month.