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News Insight & Analysis

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Vietnamese players: Homo-PP market outlook weakens as local producer reduces offers
30 Jul 2021 The uptrend in the Vietnamese homo-PP market has been losing momentum over the past week as the demand falls sharply
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30 Jul 2021

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Surging import prices draw Chinese traders to the Vietnamese LLDPE film market

The rapid price hike in Vietnam generates a large enough location gap with China that encourages Chinese traders to divert their already limited on-hand cargoes to this market amid the mediocre local demand.
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30 Jul 2021

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China Morning Snapshot – 30 July 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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