China Morning Snapshot – 08 April 2020

08 Apr 2020 Sources started to raise concerns that the market is surging too quickly, which might soon lose momentum as buyers resist higher prices.

07 Apr 2020 PPH Inj PPH Raf

The homo-PP market in China rebounded and buying interest remains healthy

Overseas suppliers are heavily concentrating on China market at the moment as this is one of the most active markets in the region while other countries are still fighting the COVID-19 outbreak.

07 Apr 2020

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

Shenhua Baotou Coal Chemical Co is currently the largest coal-based polyolefins producer in China, operates under four subsidiaries.

07 Apr 2020

China Morning Snapshot – 07 April 2020

The market is filled with discussions over the potential mass shutdown at local coal-based PP and PE plants.

06 Apr 2020

Statistics: Import PP and PE to China mostly down in January and February

The import arrivals were impacted heavily by the COVID-19 outbreak that forced the Chinese government to impose strict lockdown.

06 Apr 2020 PPH Inj PPH Raf

Saudi producers opens offers for homo-PP higher to Vietnam, limited buying interest

Local traders are showing great reluctance in procuring the cargoes at the moment citing the continued softening offers from domestic producers.

06 Apr 2020

Local Indonesian producer keeps spot PP and PE offers unchanged from last week

Sources believed that the depreciation of the Rupiah against the US dollar is one of the main supports for the stable price list.

03 Apr 2020

Chinese buyers aggressively procuring import PP, PE cargoes. Is the market nearing the bottom?

Although there has been a high level of optimism pertaining to the market outlook, there is a very itching issue that not many market participants discussed.

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