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News Insight & Analysis

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China Morning Snapshot – 29 June 2020
29 Jun 2020 Regardless of the heavy flood in the Southern area, players continue to hold a bullish expectation for the near-term outlook due to the lack of inventories pressure.
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25 Jun 2020

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Saudi producer closed deals for July PE shipment to Vietnam without any discount

Other suppliers offering near-by cargoes are attempting to hold a firm stance on both HDPE and LLDPE film cargoes around $880-900/ton CIF Vietnam.
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25 Jun 2020 PPH Raf

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Import homo-PP to Southeast Asia climbs higher on supply tightness, but demand struggles to keep up

The market is hinged between supply tightness and increasing resistance from buyers. Both sides of the market are currently on the wait and see position hoping the other side would give in.
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25 Jun 2020

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Holiday Notice

Holiday Notice
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24 Jun 2020

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Indonesia’s Chandra Asri shut LLDPE line, canceled shipment to Chinese buyers

It is reported that PT Chandra Asri Petrochemical has been facing difficulties in restarting one of its LLDPE lines following an unexpected shutdown last week.
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24 Jun 2020

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Import PE to China extended the firming trend on supply tightness

At the moment, import LDPE film is returning to the pre-pandemic levels, maintaining a gap of more than $100/ton over LLDPE film.
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24 Jun 2020

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

Trading activities on the auction platform hold steady on the final trading day of the week, especially for homo-PP and LLDPE cargoes.
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24 Jun 2020

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China Morning Snapshot – 24 June 2020

Given the low inventories pressure, it is widely expected that the local ground would remain firm in the post-holiday term.
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