China Morning Snapshot – 19 June 2020

19 Jun 2020 Trading activities in the spot ground calm down visibly on the final trading day of the week.

18 Jun 2020

Malaysian maker announced July PP, PE offers to Indonesia with drastic hike

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

18 Jun 2020

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.

18 Jun 2020

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.

18 Jun 2020

China Morning Snapshot – 18 June 2020

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

17 Jun 2020

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.