China Morning Snapshot – 10 October 2022

10 Oct 2022 Spot PP and PE cargoes rose sharply over the weekend and at the time of this report, sellers seem to have obtained a clear view of the market acceptance.

10 Oct 2022

10 October 2022 - Shenhua's coal-based PP and PE Auction Results

Purchasing activities, however, declined sharply, once again signalling the lack of confidence among market participants to accept such abrupt price hikes.

08 Oct 2022

China Morning Snapshot – 08 October 2022

Offers for both PP and PE cargoes rose sharply with a satisfactory number of transactions observed, considering that the market has only partially returned.

08 Oct 2022

8 October 2022 - Shenhua's coal-based PP and PE Auction Results

Shenhua decided to return to the market earlier than others while offering discounts of CNY50/ton on deals for coal-based homo-PP and CNY150/ton on LLDPE.

07 Oct 2022

Local Indonesian PE market slides as weak demand outweighed supply tightness

Indonesian customers have been highly cautious about making replenishment over the past several weeks on the renewed price war in the finished-product markets.

07 Oct 2022

Chinese players cautiously optimistic about post-holiday PP, PE demand outlook

Just a few days ago, the post-Golden Week demand outlook was doused in uncertainties, but the situation seems to have changed drastically since the recent rally of the energy complex.

04 Oct 2022

Import homo-PP market in Vietnam remains soft as sellers keep up with competitive South Korean materials

Several medium-scale manufacturers claimed to have stocked up comfortable inventories until first half of December and prefer to monitor the demand condition in China after the Golden Week before making any other decisions.

03 Oct 2022

Major Indonesian producer slashes October PVC offers to local buyers

Market talks are that the downward adjustment could be a result of the appreciation of the US dollar as the maker prices their cargoes in this currency.

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