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News Insight & Analysis

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China Morning Snapshot – 03 April 2020
03 Apr 2020 Players informed that the surging futures market attracts arbitrage traders, who are scouting the spot ground for lower costs cargoes at the moment.
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02 Apr 2020 PPH Inj PPH Raf

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Saudi Arabia homo-PP plunged below the $750/ton threshold in Vietnam

A good number of transactions have been reached at the latest prices here.
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02 Apr 2020

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Indian maker cut local PP and PE prices amid lockdown

The Indian government imposes a complete lockdown nationwide on 24 March 2020 for 21 days in an effort to control the spread of the COVID-19 spread, hurting the demand severely.
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02 Apr 2020 PET Bottle

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Chinese suppliers continue cutting PET bottle offers to Southeast Asia

The demand from the food and beverage sector remains healthy at the moment, however, the currency exchange rate severely hurts the interest in import cargoes.
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02 Apr 2020

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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.
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02 Apr 2020

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China Morning Snapshot – 02 April 2020

It is reported that sentiment in the domestic spot market improved slightly compared to the previous trading days.
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01 Apr 2020

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Saudi maker announced April shipment offers to Vietnam with reduction

On another note, the producer did not offer any PP cargoes this time due to lacking availability amid plant maintenance shutdown.
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01 Apr 2020

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Import PP, PE market in China nosedived to multiyear lows, triggering higher cautious stance among Vietnamese buyers

Woven bag manufactures on the other hand, started to witness the impact of the weaker market fundamental, though still in a mild magnitude.
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