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News Insight & Analysis

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Malaysian LDPE surged more than $100/ton in Vietnam; HDPE softened
12 Jun 2024 The three-digit price hikes were very much expected. In some parts of Southeast Asia, severe supply tightness has pushed LDPE film prices above the $1400/ton threshold
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12 Jun 2024

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Chinese LDPE film market nears two-year highs with no immediate easing at sight

Discussing the growing resistance among local buyers, Chinese traders do not seem too concerned. The large location gaps between China and Southeast Asia keep export/re-export window opened
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12 Jun 2024

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China Morning Snapshot – 12 June 2024

As expected, Chinese buyers returned to the market for replenishment following the CNY50/ton discounts on spot PP and PE cargoes but sticking to hand-to-mouth purchases.
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12 Jun 2024

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12 June 2024 - Shenhua's coal-based PP and PE Auction Results

Shenhua continued to achieve strong auction results for homo-PP and LLDPE given the fact that these coal-based parcels are about CNY50 – 100/ton below the domestic spot market.
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11 Jun 2024

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Price List: China’s Zhongjing cut export homo-PP offers by $10/ton in the post-holiday

While the producer maintained that the sales pressure is very much manageable, sources said the softer price decision might have derived from peer pressure.
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11 Jun 2024

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China Morning Snapshot – 11 June 2024

Inquiries are mediocre, several Chinese trading houses said, as buyers monitor closely the market development before making decisions.
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11 Jun 2024

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11 June 2024 - Shenhua's coal-based PP and PE Auction Results

Chinese bidders returned from the long weekend break to find auction prices for most of the grades unchanged from the previous week, which piqued some buying interest.
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10 Jun 2024

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Local PP and PE offers climbed higher in Indonesia on supply concerns

As reported earlier, key transshipment ports within the region including Port Klang and Singapore are facing heavy congestion which forced many shipping lines to switch to Indian ports for transshipment to reduce the waiting time.
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