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News Insight & Analysis

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Taiwanese major slashes February PVC offers, market acceptance seems improved
17 Jan 2022 This is the third consecutive month of sharp decline. Asian buyers started to show better acceptance with belief that the market might be nearing the bottom.
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17 Jan 2022

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Middle Eastern PE extended firming trend in China in light of pre-holiday replenishment

Chinese buyers have been active in making replenishment in the local ground over the past week, sending the total stocks at Sinopec and CNPC’s warehouses to one-year lows.
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17 Jan 2022

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Key Saudi Arabia producer rollover February PE offers to Vietnam

Buyers expressed buy ideas well below the $1250/ton threshold for LLDPE film claiming high price risks associated with the cargoes as ETD could be in April.
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17 Jan 2022

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China Morning Snapshot – 17 January 2022

While domestic producers maintain spot PP and PE offers on the stable to firmer track on the first trading day of the week, traders reported mediocre purchasing activities
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14 Jan 2022

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

Chinese bidders remain active in making replenishment on the final trading day of the week, though deal prices are slightly lower than the previous session.
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14 Jan 2022 SPVC k67-68 SPVC (A) k67-68

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Chinese PVC market track stable to softer trend with more active trading sentiment

In spite of the firmer local market, Chinese market participants believed that international sellers would have to concede to large discounts on February shipment offers to achieve deals.
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14 Jan 2022

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China Morning Snapshot – 14 January 2022

Replenishment activities have been strong throughout the week, posting question among market participants if the current trend would sustain in the coming week
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13 Jan 2022

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[FREE] 13 January 2022 - Shenhua's coal-based PP and PE Auction Results

Chinese bidders seem more willing to accept minor increases in today’s auction session, leading to a rather satisfactory sales result for most of the available cargoes.
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