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News Insight & Analysis

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China Morning Snapshot – 14 May 2021
14 May 2021 It is expected that the market would track a similar trend in the coming week as more new plants come online and started marketing their cargoes locally.
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14 May 2021

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14 May 2021: Auction sales result for Shenhua's coal-based PP and PE

Transactions fell substantially on the final trading day of the week in spite of the lower deal prices compared to the previous day.
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13 May 2021

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Vietnamese homo-PP market sees uptick in purchasing activities

Market sources are cautiously watching out for the availability of Chinese materials while speculating that the current lacking competitiveness of this origin against other parcels might soon be reverted.
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13 May 2021

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Indian producer slashed local PVC offers on weak demand

The rapid price fall in the local ground is expected to force international suppliers to substantially cut June shipment offers to India in the coming week.
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13 May 2021

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China Morning Snapshot – 13 May 2021

Buyers cautiously proceeding with additional purchases but tend to negotiate fiercely for discounts considering the fluctuating Dalian Commodity Exchange.
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13 May 2021

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13 May 2021: Auction sales result for Shenhua's coal-based PP and PE

The number of transactions remains satisfactory for PP cargoes though prices remain largely unchanged from the previous session.
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12 May 2021 SPVC k67-68 SPVC (A) k67-68

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Local PVC market firms up in China as demand improved

In the meantime, buyers are purchasing cautiously, hoping for some price reductions ahead, especially with the absence of Indian customers due to the COVID-19 outbreak.
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12 May 2021 PPH Inj PPH Raf

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Import homo-PP inched higher in China on the support of rebounding local ground

The rebounded local market has somewhat stimulated demand for import materials, encouraging international suppliers to hold a firmer stance on the prices to reflect the positive development.
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