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News Insight & Analysis

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China Morning Snapshot – 31 December 2020
31 Dec 2020 More trading activities are expected in the coming week.
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30 Dec 2020

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Notice on the temporary suspension of Shenhua coal-based PP, PE auction

Shenhua Baotou Coal Chemical Co is currently the largest coal-based polyolefins producer in China, operates under four subsidiaries.
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30 Dec 2020

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Malaysian maker announced local PP and PE offers for January

The increases shrugged off the downtrend observed in the import ground.
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30 Dec 2020

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China Morning Snapshot – 30 December 2020

The local market inches slightly lower this morning while purchasing activities remain thin.
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30 Dec 2020 SPVC k67-68 SPVC (A) k67-68

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Carbide-based PVC plunged in local China market, export offers follow suit

Chinese players informed that carbide-based PVC tends to follow the trend on Dalian Commodity Exchange more closely than ethylene-based PVC.
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30 Dec 2020

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Another Saudi Arabia maker opens January PP, PE offers to China

Southeast Asian buyers are waiting for new offers from the same supplier with the expectation that prices would register an $80-100/ton location gap with China.
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29 Dec 2020

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Saudi producer reduces PE offers to Vietnam, Indonesia

In the meantime, Vietnamese customers are rather puzzled by the large location gaps for LDPE film cargoes.
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29 Dec 2020

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Chinese PP and PE market extended the weakening trend as manufacturers encounter more challenges

The downtrend comes as a surprise because December is usually a high demand season ahead of the Lunar New Year.
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