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News Insight & Analysis

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China Morning Snapshot – 28 August 2020
28 Aug 2020 As spot offers for both PP and PE extended the firming trend for five consecutive days this week, players started to step sideline to assess the market trend.
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28 Aug 2020

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Another Saudi producer opens September PE shipment to Southeast Asia

Thanks to the sudden return in demand in the nearby China market, Southeast Asian buyers are more confident in making purchases.
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27 Aug 2020 PPH Raf

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Chinese buyers return to make replenishment, pushing homo-PP market higher

The upbeat sentiment is a result of buyers returning to make new purchases in preparation for the manufacturing season that usually starts in September – October.
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27 Aug 2020

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

Trading activities remain healthy toward the weekend as players continue to replenish cargoes in preparation for the traditionally high demand season.
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27 Aug 2020

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China Morning Snapshot – 27 August 2020

Sentiment remains steady toward the end of the week though buyers become more selective of which cargoes to purchase at the moment.
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26 Aug 2020 ABS Inj (Natural)

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South Korean ABS surged in Southeast Asia due to limited supply

Sources are becoming more cautious as downstream demand is healthy yet remain largely stable while ABS producers continue to operate above nameplate capacity.
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26 Aug 2020

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

Transactions are healthy on the auction platform this morning, which mirror the positive sentiment in the spot market over the past couple trading days.
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26 Aug 2020

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China Morning Snapshot – 26 August 2020

Players are expecting smaller than usual import arrival in the coming month, which continues to encourage buyers to source materials locally.
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