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News Insight & Analysis

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China Morning Snapshot – 23 November 2020
23 Nov 2020 The lack of inventory pressure amid the traditionally high demand season encourages sellers to implement further increases on both PP and PE offers.
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20 Nov 2020

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Thai maker drastically lifted PE offers to China for the second time in a week

This is the second price adjustment this week on the back of strong inquiries from customers.
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20 Nov 2020

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

The number of cargoes available for auction has reduced compared to the previous trading day, which supports the higher auction prices.
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20 Nov 2020

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China Morning Snapshot – 20 November 2020

Trading activities in the domestic spot market slow down slightly compared to the previous day mainly due to the fact that customers have replenished comfortable stocks.
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20 Nov 2020

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Asian styrene market entered a correction as demand declined

The Asian styrene monomer market has been weakening throughout this week after hitting 2020’s all-time high as a result of falling demand across the region.
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20 Nov 2020

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Asian petchem market faces surging shipping costs as container shortage rages on

Industry experts do not expect the condition to ease before the Lunar New Year as the market is in mid of the traditional peak season.
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19 Nov 2020

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

Chinese bidders continue to portray a strong appetite for making replenishment even at a higher price level toward the end of the week.
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19 Nov 2020

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China Morning Snapshot – 19 November 2020

Even HDPE, once regarded as the weakest performing grade in the market, has now regained the momentum.
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