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News Insight & Analysis

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China Morning Snapshot – 11 January 2022
11 Jan 2022 Most traders, including arbitrage traders, are carrying low levels of inventories and seem eager to restock once prices are right.
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10 Jan 2022

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[FREE] 10 January 2022 - Shenhua's coal-based PP and PE Auction Results

Chinese bidders appear less interested in making replenishment on the first trading day of the week, reflected in the disappointing percentage of deals for homo-PP
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10 Jan 2022

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Statistics: Chinese petchem outputs rose for the third month in December

Market sources said that the flare up in COVID-19 infection cases and the strict environment control measures might impact the production activities in January this year.
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10 Jan 2022

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Domestic producer continues lifting PP offers in Indonesia, keeps PE stable to soft

For the second time since the beginning of January, a key local producer in Indonesia implemented increases on spot PP cargoes citing the tightening availability
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10 Jan 2022

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China Morning Snapshot – 10 January 2022

There are no supports for a rebound in the coming weeks, hence, customers are not in rush to book large purchases
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10 Jan 2022 Ethylene

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Asian ethylene nosedived on ample supply, sluggish demand

Abundant supply in the Fareast Asia region amid the dwindling demand from the downstream markets pressure prices lower and forcing key steam cracker operators to slash run rates to 80-90% this week.
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07 Jan 2022

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

Sources said that the producer also allocated large homo-PP cargoes to the auction platform to deplete more quantity before the long Lunar New Year holiday.
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07 Jan 2022

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Indonesian producer lifts local PP prices second time in a week

Large-scale buyers are turning to the import market to make additional replenishment while small to medium-scale buyers would only buy hand-to-mouth amid the sluggish end-product businesses.
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