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News Insight & Analysis

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Local homo-PP market in Indonesia continue to fall on weak demand
26 Jan 2021 Buyers argued that with the on-going COVID-19 related lockdown and the approaching Lunar New Year holiday, it is very difficult for the import market to register any strong rebound.
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26 Jan 2021

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

Transactions on the Shenhua auction platform once again show improvement despite the fact that prices remain largely unchanged from the previous trading day.
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26 Jan 2021

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China Morning Snapshot – 26 January 2021

Sentiment in the domestic spot market remains average on the second trading of the week.
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25 Jan 2021

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Domestic PP and PE offers extended the falling trend in Indonesia

The price cuts are very much expected considering the lack of purchasing interest among local buyers.
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25 Jan 2021

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Chinese homo-PP yarn continues to inch higher in Vietnam

Other international suppliers would introduce a firmer stance on the import offers to Vietnam now that there is no pressure from Chinese cargoes.
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25 Jan 2021

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

The producer cuts the allocation for auction drastically on the first trading day of the week compared to the previous session.
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25 Jan 2021

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China Morning Snapshot – 25 January 2021

A number of local traders informed that buyers are no longer enthusiastic in placing orders, and even at lower price levels, the interest is very weak.
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25 Jan 2021

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Another Saudi Arabia producer announced February PE offers with reductions

The initial response from the market is not very strong and buy ideas are mostly below $1050/ton for both HDPE and LLDPE film citing the long shipping times.
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