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News Insight & Analysis

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Southeast Asian PET hit multi-year highs amid thin demand
09 Feb 2022 Data from CommoPlast suggests that the average import PET bottle prices based on CIF Southeast Asia terms is currently at the highest level since early October 2018 and potentially hold firm in the near term despite the building resistance from buyers.
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09 Feb 2022 PPH Raf

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Cost-push, tightening supply outlook drive Vietnamese PP market higher amid thin demand

Apparently, direct offers from South Korean and Thailand producers are rising rapidly leaving the opportunity window wide open not only for Chinese suppliers but also traders, who hold lower-cost stocks.
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09 Feb 2022

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China Morning Snapshot – 09 February 2022

Transactions are soft and with the additional price reductions, Chinese PP suppliers are looking at export opportunities to other markets within the Asia region.
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08 Feb 2022

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[FREE] 8 February 2022 - Shenhua's coal-based PP and PE Auction Results

After a bullish start, Chinese bidders seem to take a step back to assess the market outlook before proceeding with new purchases
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08 Feb 2022

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Saudi Aramco set contract propane prices for February higher

The price provides a benchmark against which Middle East sales of liquefied petroleum gas (LPG) to Asia are priced.
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08 Feb 2022

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Chinese PVC market extended the firming trend as players return from the holiday

Coupled with the strong sentiment in China, it is expected that overseas suppliers would open March shipment offers with some increases instead of reductions as previously discussed.
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08 Feb 2022

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China Morning Snapshot – 08 February 2022

Given the fact that arbitrage traders retreat to the sideline following the fall on Dalian Commodity Exchange, trading sentiment in the spot market has also dimmed
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07 Feb 2022

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

Chinese bidders return to the market with strong replenishment appetite amid the rising energy complex.
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