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China Morning Snapshot – 24 August 2021
24 Aug 2021 As the month-end approaches, sources expected sellers to offer discounts or be open to negotiation to deplete more on-hand cargoes.
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24 Aug 2021

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24 August 2021: Auction sales result for Shenhua's coal-based PP and PE

The sharp rebound in crude oil prices and the Dalian Commodity Exchange fuel buying interest for coal-based cargoes on Shenhua auction platform
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23 Aug 2021

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Statistics: Import petrochemical products to China rebounded in July

PVC recorded the largest month-on-month increase, however, market players said the trend might not persist in August because of the recent bad weather and the port congestions.
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23 Aug 2021

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Saudi maker announced September PE offers to Southeast Asia

Meanwhile, Indonesian customers were informed that the allocations to this market have been cut by up to 90% from the usual month, which encourages the supplier to maintain a firm stance on the cargoes.
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23 Aug 2021

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Malaysia maker slashed September PP, PE offers to Indonesia

Even with the $50/ton reduction on most PP cargoes, Indonesian buyers find the latest offers from the producer unattractive.
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23 Aug 2021

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China Morning Snapshot – 23 August 2021

Traders are willing to negotiate with serious buyers to push for month-end sales, now that export window is closing.
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23 Aug 2021

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23 August 2021: Auction sales result for Shenhua's coal-based PP and PE

While the number of transactions for homo-PP has improved significantly, Chinese bidders are less interested in PE cargoes
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20 Aug 2021

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Malaysian players: Demand outlook improves as converters ramp up run rates

Local traders are confident that domestic PP and PE prices would be stable to firmer in September citing the resumptions at many sectors and the depreciating Ringgits against the US dollar.
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