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News Insight & Analysis

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Indonesia’s local homo-PP market hit 2021’s new lows on weak demand
25 Aug 2021 In spite of the fact that the Indonesian government has been easing the lockdown measures amid the declining number of COVID-19 infection cases, demand slows to pick up.
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25 Aug 2021

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Import LLDPE film breached below $1200/ton threshold in Vietnam

Vietnam has extended the strict movement restrictions in the epic center of Ho Chi Minh city until 15 September, as the number of daily infection cases continues to rise.
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25 Aug 2021

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Facing resistance, Qatari producer steps back on PE offers to China

Sluggish demand, stiff resistance, and downward pressure from the competitive local market are the primary factors forcing a key Qatari producer to step back on the weekly PE offer to China, particularly for LLDPE film grade.
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25 Aug 2021

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China Morning Snapshot – 25 August 2021

The reopening of the Meishan terminal at the Ningbo-Zhoushan port – the world’s third busiest container port would allow buyers to unload parcels that were stuck at the port over the past two weeks.
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25 Aug 2021

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

The producer allocated a smaller allocation to the auction session today, however, the transactions are not as strong.
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24 Aug 2021

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Saudi producers lifted September PE offers to China

A Saudi Arabia producer has announced September shipment offers for PE to the China market with large increases on ...
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24 Aug 2021

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Import LLDPE film to China extended the uptrend, surpassing the acceptance threshold

Chinese customers are questioning the sustainability of the current firming trend in the import ground, expecting two possibilities.
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24 Aug 2021

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China Morning Snapshot – 24 August 2021

As the month-end approaches, sources expected sellers to offer discounts or be open to negotiation to deplete more on-hand cargoes.
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