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News Insight & Analysis

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Pre-holiday replenishment, or not? Local PP, PE market in China abruptly pick up
09 Jun 2021 While spot offers remain on the softening trend, local suppliers claimed having achieved a high number of transactions with the intention to gradually introducing a firmer stance on the cargoes.
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09 Jun 2021

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China Morning Snapshot – 09 June 2021

In the meantime, BOPP sheet manufacturers reported having received better number of end product orders for the third quarter of the year.
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09 Jun 2021

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9 June 2021: Auction sales result for Shenhua's coal-based PP and PE

The number of deals reported on the Shenhua auction platform has improved compared to the previous session as prices move lower.
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08 Jun 2021

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Local PE market in Indonesia extended the weakening trend on sluggish demand

As reported earlier, end product demand in the post-Ramadan month remains thin, which discourages PE packaging manufacturers from making large replenishments.
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08 Jun 2021

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Local LLDPE film market inched higher in Vietnam, sustainability remains in question

Apparently, the delay in import arrivals has tightened the local supply, giving traders the support to implement the hikes.
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08 Jun 2021

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China Morning Snapshot – 08 June 2021

Trading sentiment in the domestic spot market remains sluggish even after the fresh price cuts as buyers prefer to hold a cautious stance.
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08 Jun 2021

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8 June 2021: Auction sales result for Shenhua's coal-based PP and PE

The number of transactions on Shenhua’s auction platform remains dwindling on the second trading day of the week even at lower prices.
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07 Jun 2021

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Qatari LDPE film breach below the $1200/ton threshold in China

The drop is expected to pressure other suppliers to step back on the prices in the coming days, from which buyers become more cautious in proceeding with new purchases immediately.
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