Indonesian PP and PE market mixed as buyers embrace the holiday mood

01 Apr 2024 Over the weekend, a major producer in Indonesia reportedly opened fresh PP and PE offers to the local market at varying price points compared to the previous week. It is the third time in three weeks that homo-PP, LLDPE and HDPE were marked down

01 Apr 2024

China Morning Snapshot – 01 April 2024

Key PP and LLDPE contracts on the Dalian Commodity Exchange kickstarted the week on a strong note thanks to the bullish manufacturing data that signalled the recovery of the Chinese economy.

01 Apr 2024

01 April 2024 - Shenhua's coal-based PP and PE Auction Results

The market continued to leverage the tightening supply outlook as local PP and PE plants enter maintenance season while the latest official data from the government showed manufacturing activities in the country expanded for the first time in six months in March

29 Mar 2024 PVC (A) k67-68 SPVC k67-68

Chinese PVC market resumed sliding amid persistently weak demand

The value of new home sales from 100 biggest real estate companies fell 46% year-on-year in March after nosediving 60% in February.

29 Mar 2024

China Morning Snapshot – 29 March 2024

The domestic spot market closely mimics the development on the Dalian Commodity Exchange with spot LLDPE film gaining CNY50/ton while homo-PP holding steady.

29 Mar 2024

29 March 2024 - Shenhua's coal-based PP and PE Auction Results

As today marks the final trading session of the month, not many cargoes were auctioned off on the Shenhua Auction Platform. At first glance, concluded deals for homo-PP seemed good but compared to Thursday, concluded deals dropped

28 Mar 2024

China Morning Snapshot – 28 March 2024

This is the first time since the market returned from the Lunar New Year holiday the local stocks fell below the 800,000 tons threshold.

28 Mar 2024

28 March 2024 - Shenhua's coal-based PP and PE Auction Results

Trading sentiment on the Shenhua auction platform dimmed further as March draws near to an end. Market participants especially focused on the still high auction volume at this time of month, which signal the possibility of rising sales pressure in the coming days.

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