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Saudi producers trimmed December PE shipment offers to Vietnam as exchange issues, competition dragged
26 Nov 2024 The price cuts are attributed to intensifying competition and ongoing exchange rate challenges. Despite these hurdles, Vietnamese buyers have actively engaged in negotiations, indicating underlying demand in the market.
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26 Nov 2024

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China Morning Snapshot – 26 November 2024

At the current pace, market sources believe that local inventories could dip below the critical 600,000-ton threshold by the weekend, potentially bolstering sentiment for December trading.
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26 Nov 2024

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26 November 2024 - Shenhua's coal-based PP and PE Auction Results

The Shenhua Auction Platform performed robustly for a second consecutive day, with all grades sold out. Trading sentiments were bolstered by gains on the Dalian Commodity Exchange as well as attractive rates as compared to the spot market
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25 Nov 2024

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Malaysia PP and PE trended higher in Indonesia as tighter availability outweighed soft demand

The Southeast Asian PP and PE market has been grappling with tighter availability in recent weeks, attributed to several ongoing and planned plant shutdowns across the region.
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25 Nov 2024

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Exchange rates, tighter overseas supply push local PP, PE markets in Indonesia higher

At the start of the week, a leading Indonesian producer raised spot PP and PE offers in the local market, citing the continued depreciation of the Rupiah against the US dollar and reduced availability of ASEAN-origin materials. The producer appeared more optimistic about the PP segment
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25 Nov 2024

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China Morning Snapshot – 25 November 2024

The most actively traded PP and LLDPE contracts on the Dalian Commodity Exchange ended the morning session lower, driven by profit-taking after several consecutive sessions of gains.
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25 Nov 2024

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25 November 2024 - Shenhua's coal-based PP and PE Auction Results

The Shenhua auction concluded on a strong note despite weak trading sentiment in the futures market on the Dalian Commodity Exchange (DCE). As the month-end approaches, the producer intentionally reduced allocations to the auction platform, which contributed to the robust results.
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22 Nov 2024

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Malaysian PVC market holds steady amid uncertainty ahead of Taiwanese price decision

Meanwhile, expectations are growing for a heavy influx of Chinese PVC in the near future. With India introducing stricter trade barriers through the Quality Control Order (QCO) and potential anti-dumping duties, Chinese exporters are expected to redirect substantial volumes to other markets
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