China Morning Snapshot – 09 April 2021

09 Apr 2021 At the time of this report, sentiment in the local ground remains soft, though sellers hope to counterbalance the situation by the lower inventory pressure ahead of the maintenance shutdown season.

09 Apr 2021 SPVC k67-68 SPVC (A) k67-68

Asian players await May PVC offers with expectations of fresh increases

In India, sources are seeing calmer market sentiment after the government announced curfews in several states to prevent the spread of COVID-19 cases.

09 Apr 2021 PPH Inj PPH Raf

As the local PP yarn market slipped, Thai producer slashed import prices to Vietnam

Manufacturers here refused to make replenishment amid the inability to transfer the higher raw material costs to end-product prices.

08 Apr 2021

China Morning Snapshot – 08 April 2021

The falling futures market further hampers the already sluggish spot trading toward the end of the week.

07 Apr 2021

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

Chinese bidders are not showing great interest in LLDPE in spite of the lower prices compared to the previous session.

07 Apr 2021

China Morning Snapshot – 07 April 2021

A number of traders informed of strong inquiries for LLDPE film without additive from South American buyers, which could help to ease pressure in the local ground.

06 Apr 2021

Vietnamese buyers: Import homo-PP yarn is coming down, but not enough to stimulate demand

A number of market players believe that the current market levels are still too high to attract customers, even though suppliers claim limited supply, especially for non-Chinese origins cargoes.

06 Apr 2021

Statistics: Import PP and PE to China tumble to multi-years low in February

The steep reductions are contributed to a confluence of factors, including the lack of purchasing activities in the previous months and the shipping issues in Southern China main ports prior to the holidays.

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