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News Insight & Analysis

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China Morning Snapshot – 13 October 2020
13 Oct 2020 Market sources reported that sentiment drops slightly this morning compared to the previous trading day as buyers started to resist the higher prices.
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12 Oct 2020

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Local PP market in Indonesia continues to climb backed by supply tightness

Many local buyers started to slow down purchases for PP cargoes due to the inability to transfer the higher restock costs to end-product prices.
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12 Oct 2020

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Local PP and PE output mixed in September in China: Statistics

There are some mixtures in terms of growth rates, however, LLDPE registered the strongest month-on-month growth.
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12 Oct 2020 SPVC k67-68 SPVC (A) k67-68

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China’s PVC market extended the firming trend as supply tightness persists

It is reported that the Southern China market is now facing a severe supply shortage and many traders are attempting to quickly re-direct cargoes from other regions to this area.
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12 Oct 2020

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

Sources said that sentiment in the spot market is likely to follow as buyers are in need to make replenishment.
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12 Oct 2020

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China Morning Snapshot – 12 October 2020

Supply is comfortable for both PP and PE, just that demand is much better, that support the sentiment.
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09 Oct 2020

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Thai major announced PE offers to China market, deals concluded for LLDPE film

The latest price list showed a mixed trend, though customers have shown positive response toward the LLDPE film cargoes.
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09 Oct 2020

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

While prices remain relatively firm, the high percentage of deals signaling the positive sentiment in the domestic spot market.
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