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News Insight & Analysis

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China Morning Snapshot – 15 February 2023
15 Feb 2023 The trading sentiment seems uneven across China. Players in the Eastern region reported having achieved a good number of transactions after offering minor discounts
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15 Feb 2023

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15 February 2023 - Shenhua's coal-based PP and PE Auction Results

The producer, clearly target to deplete the on-hand stocks knowing that real demand from manufacturers would remain soft moving forward.
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14 Feb 2023

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Taiwanese major opens March PVC offers with additional increases

Compared to the cyclical bottom record in December 2022, the producer has lifted spot PVC offers by $190/ton to China and Southeast Asia and $220/ton to India, data from CommoPlast showed.
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14 Feb 2023

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China Morning Snapshot – 14 February 2023

Only a handful number of deals are observed at discounted price levels, underlining the dwindling post-holiday demand condition in this market.
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14 Feb 2023

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Another producer reduces import LLDPE film offers to China as demand dwindles

Following the price reductions pioneered by a key Qatari producer on the first trading day of the week, a Thailand maker follow suit to slash import LLDPE film offers to China
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14 Feb 2023

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14 February 2023 - Shenhua's coal-based PP and PE Auction Results

. Market sources said that real demand from manufacturers has not picked up strongly enough, hence, Shenhua keep deal prices for both PP and PE cargoes on the soft side to lure arbitrage traders back to the market.
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13 Feb 2023

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Qatari producer lowers PE offers to China despite tight supply, prompting concerns on the market outlook

While market participants across the Southeast Asia region are expecting higher import PE offers for March shipment due to the rising upstream costs and reduced availability, a key Qatari producer moves to cut offers to China market
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13 Feb 2023

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Malaysian producer lifted LDPE film offers to Vietnam by $100/ton

While showing stiff resistance toward the LDPE film grade, Vietnamese buyers are more willing to proceed with purchases for LDPE lamination after the $10/ton discount.
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