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News Insight & Analysis

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[FREE] 28 December 2021 - Shenhua's coal-based PP and PE Auction Results
28 Dec 2021 Shenhua continues to allocate a good number of cargoes to the auction session, pushing deal prices further down from the previous session.
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28 Dec 2021 ABS Inj (Natural)

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Taiwanese ABS dropped sharply in Vietnam

Buyers expect the current downtrend to persist until after the Lunar New Year when demand from the home appliance sector pick up ahead of the summer season.
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28 Dec 2021

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China Morning Snapshot – 28 December 2021

The market remains concerned over the strict lockdown measures implemented by the government to curb the COVID-19 spread, yet suppliers are not so much worried about the price trend claiming the lack of inventory pressure.
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27 Dec 2021

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[FREE] 27 December 2021 - Shenhua's coal-based PP and PE Auction Results

In a positive development, Shenhua started to allocate more quantities to the auction session, which could be one of the reasons that encourage the producer to lower homo-PP prices below the CNY8000/ton mark.
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27 Dec 2021

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Statistics: China’s petchem import arrival rebounded in November

While the number appears strong month-on-month basis, compared to the same period last year, the total PE import arrivals fell 27.7% while PP dropped 22.5%
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27 Dec 2021

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Price List: China’s Zhongjing announces fresh weekly PP export offers

Zhongjing Petrochemical has opened fresh weekly export offers for homo-PP with $15/ton reductions from the previous week under the pressure from the sluggish demand overseas.
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27 Dec 2021

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Mild panic buying in the local Indonesian PP market as supply tightens

Sources believed that the window for sellers to push prices higher might be narrow as trading sentiment might soften once previously purchased cargoes arrive on the Indonesian shore in the first half of January.
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27 Dec 2021

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Domestic maker lifts homo-PP offers in Indonesia, cutting PE prices

The hikes in spot PP cargoes are attributed to the limited ready-stock cargoes in the local ground, however, buyers are not responding positively toward the new price list, especially when a large part of the market has taken off for the holiday.
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