China Morning Snapshot – 26 November 2020

26 Nov 2020 On another note, the Chinese government has encouraged the manufacturing sectors to allow workers to return to their respective hometowns for Lunar New Year earlier than usual and in batches.

26 Nov 2020

Another Saudi producer announces December PP and PE offers to SEA

Indonesian customers are responding not very positively to the new prices due to the weak demand in this market.

25 Nov 2020

Statistics: China’s PP and PE import arrivals fell in October

The PP and PE import arrival in October 2020 had surged substantially compared to the same period last year, which once again eradicates the theory on the negative impact of the COVID-19 on the consumption in this market.

25 Nov 2020

China’s Maoming Petrochemical postpones maintenance at LDPE plant

There have not been any details on the new shutdown schedule, however, sources said that the company would likely to revive the overhaul in March 2021.

25 Nov 2020

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

Chinese buyers appear to slow down a little compared to the previous days as prices on the auction platform hit new highs.

25 Nov 2020

China Morning Snapshot – 25 November 2020

Woven bag manufacturers are reducing operating rates by at least 2 days/week to combat rising raw material prices and the inability to transfer the costs to the end-products.