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News Insight & Analysis

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China Morning Snapshot – 16 March 2022
16 Mar 2022 Traders have more risk appetite as COVID-19 control measures are not as strict as expected, which lightens the market prospect.
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15 Mar 2022

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[FREE] 15 March 2022 - Shenhua's coal-based PP and PE Auction Results

Shenhua auction platform concluded the second trading day of the week with a small number of deals after the producer agreed to lower the final prices.
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15 Mar 2022

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China Morning Snapshot – 15 March 2022

The rapid and fluid market development, unfortunately, keep most buyers on the sidelines amid the expectations that trading sentiment could remain sluggish in the next couple of weeks, if not until early April.
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14 Mar 2022

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[FREE] 14 March 2022 - Shenhua's coal-based PP and PE Auction Results

Chinese bidders remain inactive on the first trading day of the week as the government imposes lockdown at Shenzhen, threatening the demand outlook.
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14 Mar 2022 HD Film LL C4 Film

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Vietnamese players: More re-export PE cargoes from China observed

Vietnamese buyers are placing bids below the $1400/ton threshold for both cargoes, hoping that Chinese suppliers would be more inclined to accept the bids following the recent plunge in the local ground.
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14 Mar 2022

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Indonesian producer lifts PE offers after a brief offer suspension

Sources said that the local PE market has been dwindling for too long while PP prices are now facing stiff resistance from the market, hence, the unsynchronized hikes.
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14 Mar 2022

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Chinese PP suppliers cut export offers on weakening local market

The total PP and PE stocks at Sinopec and CNPC’s warehouses piled up 85,000 tons over the weekend to 1,010,000 tons as of 14 March 2022 – the highest level since 1 March.
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14 Mar 2022

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China Morning Snapshot – 14 March 2022

This is the first time the stocks rose above the 1 million tons threshold since 1 March 2022.
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