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News Insight & Analysis

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Indian producer slashed local PP and PE prices on falling demand
22 Apr 2021 Besides the price cuts, the producer has also introduced price protection until 1 May 2021 for all PP and PE cargoes that guarantee buyers that their purchases this week will be adjusted if prices come down during the protection period.
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22 Apr 2021

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China: Auction sales result for Shenhua's coal-based PP and PE

Transactions once again pick up on the Shenhua Auction platform for both PP and PE grades, which continue to fuel more positive expectation for the pre-holiday replenishment activities.
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22 Apr 2021

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China Morning Snapshot – 22 April 2021

Several traders have expressed the readiness in reducing spot offers in the coming days with aims to deplete more stocks ahead of the long Labor Day holiday.
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21 Apr 2021

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Statistics: China’s local PP and PE output revived in March

The increasing local production outputs coupled with the unexpectedly high import arrivals for both PP and PE pressured the local market throughout the month of March.
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21 Apr 2021

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Middle Eastern PE offers continue to drop sharply in China as demand remains weak

Even with the large price cuts, the average import LLDPE film prices are still about $30/ton higher than local market while import LDPE film is about $20/ton higher, data from CommoPlast showed.
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21 Apr 2021

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China: Auction sales result for Shenhua's coal-based PP and PE

As the supplier attempted to increase the deal prices, the number of transactions fell compared to the previous trading day, indicating the challenges facing suppliers to lift offers in the local ground.
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21 Apr 2021

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China Morning Snapshot – 21 April 2021

There are no supports for the futures market to firm up strongly because the government is tightening credit control.
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20 Apr 2021

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Statistics: Import PP and PE arrivals to China hit four months high in March

Chinese players said that export quantities in April might be higher because it is the peak for Chinese sellers to fulfil the delivery obligations to overseas customers.
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