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China Morning Snapshot – 17 January 2020
17 Jan 2020 The market sentiment continues to weaken, and players reported that many suppliers both local and international are not opening new offers.
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17 Jan 2020

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Another Saudi producer announced February shipment offers to SEA market

The new offers increased visibly compared to last month due to tighter supply conditions as a result of the upcoming major maintenance shutdown.
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16 Jan 2020

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Indonesian players: Local market might be nearing the peak

Data from CommoPlast highlighted that the recent rebound after local PP and PE market hit multi-year lows has sustained for five consecutive weeks.
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16 Jan 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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16 Jan 2020

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China Morning Snapshot – 16 January 2020

The holiday sentiment might escalate further in the coming week though traders continue to hold a rather optimistic expectation.
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15 Jan 2020

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Malaysia’s PrefChem offers first PP and PE cargoes from the new plant

Players believed that PrefChem would be able to stabilize the production rates in the near term.
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15 Jan 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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15 Jan 2020

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China Morning Snapshot – 15 January 2020

With the healthy inventory digestion rate, local sellers could continue to hold a firm stance on the spot cargoes.
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