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China Morning Snapshot – 19 August 2021
19 Aug 2021 Meanwhile, the steep reductions in the futures market pushe arbitrage traders to redirect cargoes to the spot market at large discounts to deplete the on-hand stocks.
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19 Aug 2021 Propylene

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Asia propylene market to track firmer trend as supply tightens

Tighter spot availability might elevate the propylene market slightly, however, any significant increases would face stiff resistance. Downstream PP market is not strong.
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19 Aug 2021

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19 August 2021: Auction sales result for Shenhua's coal-based PP and PE

The number of transactions remains mediocre toward the end of the week, especially for homo-PP and LLDPE cargoes
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18 Aug 2021

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Sharper than expected September PVC offers to Malaysia from SEA producers

In spite of the fresh concerns over the political turmoil that left the country without a Prime Minister, buyers are planning to make some purchases in anticipation of continued firming trend in the coming months.
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18 Aug 2021

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China Morning Snapshot – 18 August 2021

Traders continue to maintain a firm stance on LDPE film cargoes given the supply tightness condition while buying interest in other grades has not caught up.
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18 Aug 2021

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18 August 2021: Auction sales result for Shenhua's coal-based PP and PE

In an interesting development, the number of transactions for LLDPE film recorded a sudden fall from the previous session, raising questions over the demand condition
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17 Aug 2021 SPVC k64-65 SPVC k67-68

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Taiwanese producer announced September PVC shipment offers

The Southeast Asian market sees little changes following the new price announcement due to the continued COVID-19 related lockdown measures that curb demand.
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17 Aug 2021

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China Morning Snapshot – 17 August 2021

Besides the start of the agricultural film season, sellers are expecting the preparation for the year-end shopping frenzy season to kickstart.
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