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News Insight & Analysis

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China Morning Snapshot - 10 January 2023
10 Jan 2023 Chinese market participants are wrapping up all delivery obligations to local buyers before logistic services suspended operations in the coming days.
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10 Jan 2023

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10 January 2023 - Shenhua's coal-based PP and PE Auction Results

While the auction prices for homo-PP dropped CNY160/ton, the sales percentage seemed decent enough with larger auction volume in place.
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09 Jan 2023

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Saudi major bellwether large hikes on February PE offers to SEA

In Vietnam, buyers are encouraged to confirm their bookings as soon as possible due to the limited availability, particularly for HDPE film grade. Still, there are no signs of panic buying.
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09 Jan 2023

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Price List: Zhongjing resumes offering PP to the export market

Chinese suppliers have been more active in the export market in recent days as the opportunity windows opened up following the rise in prices in South and Southeast Asia.
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09 Jan 2023

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Malaysian producer lifts February LDPE shipment offers to Vietnam

Initial responses from the market are rather sluggish. Buyers have stocked up the needed quantities at the previous low levels and prefer to maintain a conservative stance toward the latest hikes.
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09 Jan 2023

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Local producer lifted PP prices sharply in Indonesia; PE offers remained dwindled

The torrid surge in spot homo-PP offers stunned the market. Many manufacturers attempted to adjust finished goods prices accordingly, but immediately suffered a blow of PO cancellations.
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09 Jan 2023

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China Morning Snapshot - 09 January 2023

Traders reported a satisfactory number of transactions for LLDPE film in this province, thanks to the pent-up demand from the mulch film and greenhouse film manufacturers.
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09 Jan 2023

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9 January 2023 - Shenhua's coal-based PP and PE Auction Results

Despite both PP and LLDPE contracts on Dalian Commodity Exchange poses weak trend throughout the morning session, the auction’s sales performed better compared to last Friday.
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