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News Insight & Analysis

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China Morning Snapshot – 30 July 2021
30 Jul 2021 Chinese traders are optimistic about the market outlook in the first half of August citing the lack of import arrivals and low inventories pressure.
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29 Jul 2021

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China Morning Snapshot – 29 July 2021

There have been reports that producers are pushing inventories to traders before the month-end closing, leading to the large day-on-da stock reductions.
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29 Jul 2021

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29 July 2021: Auction sales result for Shenhua's coal-based PP and PE

The strong number of transactions on the Shenhua auction platform is partly a result of reduced auction volume from the suppliers.
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28 Jul 2021

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Saudi PE concluded with large discounts in Vietnam, market might have overshot

The recent surge in LLDPE film prices in Vietnam attracts a number of export/re-export cargoes from the nearby China market, signalling the flat demand in China.
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28 Jul 2021

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China Morning Snapshot – 28 July 2021

The rebound on Dalian Commodity Exchange encourages buyers to return to make some replenishment, though with caution.
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28 Jul 2021

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Another Saudi Arabia producer announces August PP, PE offers to Vietnam

In spite of the large increases, sources said that the producer’s latest offers are in-line with the market levels while attempting to negotiate for discounts on deals.
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28 Jul 2021

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28 July 2021: Auction sales result for Shenhua's coal-based PP and PE

Transactions remain strong by mid of the week on the Shenhua auction platform, indicating confidence among Chinese bidders.
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27 Jul 2021

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Saudi major opened August PE shipment offers to China, Indonesia

Despite the large increases, prices to China remain well below other regions, hence market sources expect the supplier diverts more cargoes to higher margins markets.
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