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News Insight & Analysis

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Statistics: Local petchem outputs in China continue to revive in November
17 Dec 2021 Data from the National Bureau of Statistics showed 3.03% growth in PP, PE, and PVC production month-on-month, a trend that might persist in December.
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17 Dec 2021 SPVC k67-68

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International suppliers slash January PVC offers to Malaysia

It is reported that demand from the construction sector has yet to recover from the pandemic even though the government has been escalating the effort to reopen all of the economic sectors.
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17 Dec 2021

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China Morning Snapshot – 17 December 2021

The higher offers bumped into resistance, especially in the presence of a series of lower import cargoes in the recent days.
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16 Dec 2021

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[FREE] 16 December 2021 - Shenhua's coal-based PP and PE Auction Results

Shenhua continues to allocate smaller than usual quantities for the auction session as the producer steps back on deal prices from the previous session.
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16 Dec 2021

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Saudi producer opens new PE offers to China with reductions

Chinese buyers reported having received fresh PE offers for January loading with a reduction of $20/ton compared to the previous month following the general market development across the Asia region in recent weeks.
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16 Dec 2021

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China Morning Snapshot – 16 December 2021

The flare-up of COVID-19 infection cases in Dongguan City that cause logistic restrictions might further dampen demand, which continues to erode market confidence.
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15 Dec 2021

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[FREE] 15 December 2021 - Shenhua's coal-based PP and PE Auction Results

Although the number of transactions dropped slightly compared to the previous trading session, the percentage remain healthy regardless of the soft Dalian Commodity Exchange.
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15 Dec 2021

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China Morning Snapshot – 15 December 2021

Arbitrage traders withdraw to the sidelines, awaiting further development while the increasing number of infection cases has prompted logistic constraints.
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