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News Insight & Analysis

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Singaporean producer slashed mPE offers to China, Indonesia despite shutdown
29 Apr 2022 Even at the traditional peak season ahead of the Ramadan holiday, these converters claimed to have received just half of last year’s orders, reducing to need to make raw material purchases.
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29 Apr 2022

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Saudi Aramco cuts May propane contract prices to Asia

Propane is a primary feedstock used by propane dehydrogenation (PDH) operators in producing propylene monomers.
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29 Apr 2022

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China Morning Snapshot – 29 April 2022

The outbreak in Shanghai seems under control. Local government started to distribute shopping vouchers, which is expected to stimulate spending after weeks of strict lockdown.
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27 Apr 2022

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[FREE] 27 April 2022 - Shenhua's coal-based PP and PE Auction Results

The number of transactions on the Shenhua auction platform remains healthy, which Chinese players attributed to the attractive price levels
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27 Apr 2022

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Domestic producer cuts May PP, PE offers in Malaysia

The depreciated Malaysian Ringgit against the US dollar coupled with the ongoing price correction across the Southeast Asia region is the primary driver behind the new price decision.
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27 Apr 2022

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China Morning Snapshot – 27 April 2022

Customers claimed to have made comfortable replenishment over the past several days and with Beijing escalating the effort to contain the rising number of COVID-19 infection cases, buyers just prefer to remain cautious.
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26 Apr 2022

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[FREE] 26 April 2022 - Shenhua's coal-based PP and PE Auction Results

The number of transactions on the Shenhua auction platform rebounded strongly on the second trading day of the week after the producer agreed to large discounts compared to the previous day.
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26 Apr 2022

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China Morning Snapshot – 26 April 2022

Chinese market participants are wary of the spreading infection cases in Beijing and prefer to focus on the delivery of the previously purchased cargoes to avoid another potential logistic constraint.
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