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News Insight & Analysis

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China Morning Snapshot – 08 April 2022
08 Apr 2022 Traders told CommoPlast of having been able to achieve a good number of transactions after cutting the prices to customers in non-lockdown areas.
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07 Apr 2022

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[FREE] 7 April 2022 - Shenhua's coal-based PP and PE Auction Results

Chinese traders adopted a more cautious stance right after the previous day rally as the escalating COVID-19 infection cases coupled with the plunging crude oil dented the market confident.
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07 Apr 2022

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Statistics: China’s local petchem outputs grew 6% in March

Thanks to the removal of anti-dumping duties imposed on Chinese cargoes in India, Chinese producers can now have the same opportunities as other suppliers in this market.
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07 Apr 2022

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China Morning Snapshot – 07 April 2022

Buyers have made some purchases in the previous session and prefer to wait for delivery instead of jumping straight to new buys. Sources reported significantly weaker deals today.
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06 Apr 2022

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[FREE] 6 April 2022 - Shenhua's coal-based PP and PE Auction Results

The auction session concluded the first trading day after the long weekend holiday on a strong note, taking into account the number of transactions achieved.
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06 Apr 2022

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Local PVC market in Indonesia jumped higher, reflecting the international trend

Looking at the upstream market, ethylene costs in Asia are at the highest levels since June 2015 as crackers around the region cut operating rates to protect the bottomline.
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06 Apr 2022

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China Morning Snapshot – 06 April 2022

Logistics challenges are escalating, which could exacerbate the storage pressure among Chinese sellers even though most plants are operating at reduced rates.
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04 Apr 2022

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Statistics: China imported less petchem products in the first two months of the year

Given the worsening COVID-19 outbreak that triggered a series of strict containment measures, there would be no surprise if the import arrivals extended the falling trend in the month of March.
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