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News Insight & Analysis

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Saudi Aramco cut propane prices to Asia for the third straight month
30 Jun 2022 Saudi Aramco has reportedly opened propane prices for July loading to Asia with additional decreases, marking the third consecutive month of decline regardless of the rising energy and refined petroleum prices.
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30 Jun 2022

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Local PP, PE market in Malaysia tracks stable to softer trend on subdue demand

Meanwhile, real demand in local Malaysia market has been dwindling in recent weeks as inflation hit consumption at home and overseas.
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30 Jun 2022

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China Morning Snapshot – 30 June 2022

Market players are hoping for better demand conditions in July now that the government is more inclined to implement dynamic Zero-Covid-19 policies.
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29 Jun 2022

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[FREE] 29 June 2022 - Shenhua's coal-based PP and PE Auction Results

Regardless of the drop in the futures market, Chinese bidders remain interested in coal-based homo-PP cargoes on the Shenhua auction platform this morning.
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29 Jun 2022

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Overseas suppliers further step back on import PE offers to China

As reported earlier, the absence of manufacturers from the agriculture sector amid the off-peak season put tremendous pressure on the related raw material grades, including mPE, LLDPE film, and LDPE film.
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29 Jun 2022

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China Morning Snapshot – 29 June 2022

The combined reduction of 85,000 tons in local stocks in two days signal that sellers’ pricing strategies are working.
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28 Jun 2022

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[FREE] 28 June 2022 - Shenhua's coal-based PP and PE Auction Results

Chinese buyers continue to secure homo-PP cargoes on the Shenhua auction platform as the producer keep deal prices largely unchanged from the previous day.
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28 Jun 2022

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Southeast Asian PVC market continues to fall as demand remains sluggish

Southeast Asian buyers are keeping a close eye on the demand recovery progress in China. With the Chinese government committed to reviving the COVID-19 battered economy, the property market here might pick up.
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