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News Insight & Analysis

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Malaysian maker announced July PP, PE offers to Indonesia with drastic hike
18 Jun 2020 It is very difficult for Indonesian buyers to accept such large increases, especially for homo-PP cargoes because of the competitive local prices and soft end product businesses
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18 Jun 2020

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Indian producer lifted local PE offers, maintain PP stable

The monsoon season is about the start and demand would reduce further. Even for PE, this could be the last price hike for this month.
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18 Jun 2020

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

The number of transactions recorded for both PP and PE on the auction platform remain satisfactory toward the end of the week.
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18 Jun 2020

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China Morning Snapshot – 18 June 2020

Buyers in Eastern and Southern China are less enthusiastic in accepting the increases.
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17 Jun 2020

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South African homo-PP emerges in China at competitive levels

There have been market talks that these cargoes are meant for compensation following a mass cancelation of HDPE cargoes from Sasol Chemicals USA LLC earlier this month.
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17 Jun 2020

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Chinese PET bottle softens in Indonesia amid persistently sluggish demand

Sources said that the demand from the hand sanitizer sector is not enough to make up for the loss of transactions in the beverage sector.
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17 Jun 2020

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

Deals concluded by the end of the auction session remain satisfactory this morning, though PP fiber continue to face diminishing purchasing interest.
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17 Jun 2020

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China Morning Snapshot – 17 June 2020

Chinese players are not expecting any major speculation on the mask and personal protective gears this round given the comfortable local supply.
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