China Morning Snapshot – 10 May 2019

10 May 2019 As local homo-PP prices have been traded below the import offers, domestic suppliers are attempting to hold spot offers stable.

09 May 2019 SPVC k67-68

Local producer lifted PVC offers in India, affirming higher import prices

Indian buyers are waiting for overseas suppliers to open June shipment offers with firmer outlook.

09 May 2019

Local PVC market in China continues to surge. Would import ground gain support to firm up?

As the market revived from such minor impact, sources are expecting to see overseas sellers to lift June shipment offer in the coming week.

09 May 2019 PPH Inj PPH Raf

Import homo-PP to Vietnam cools off as Chinese material flood the market

Many buyers have expressed the concern that Chinese traders might have overreacted to the situation, which they would soon realize and suspend all the offers.

09 May 2019 LL C4 Film PPH Raf SPVC k67-68

Dalian Commodity Exchange: 09 May 2019 (Night trading)

The 1909 for September delivery contract night trading on Dalian Commodity Exchange on 09 May 2019 settled as follows:

09 May 2019 LL C4 Film PPH Raf SPVC k67-68

Dalian Commodity Exchange: 09 May 2019

The 1909 for September delivery contract on Dalian Commodity Exchange on 09 May 2019 settled as follows:

09 May 2019 PPH Raf PPH Raf (CTO/MTO)

Chinese suppliers push homo-PP exports amid sluggish local demand

Naturally, buyers in Southeast Asia would hold back every time Chinese suppliers become active in exporting cargoes.

09 May 2019

China Morning Snapshot – 9 May 2019

Sources fear that inventories might hit the 1 million tons mark by the beginning of next week, which potentially drag spot prices lower.

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