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News Insight & Analysis

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08 May 2024 - Shenhua's coal-based PP and PE Auction Results
08 May 2024 All available commodities had deal prices that were marginally higher but still able to fetch good end figures suggesting market acceptance.
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07 May 2024 SPVC k67-68 SPVC (A) k67-68

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China’s PVC market remained flat post-holiday despite positive developments in the property market

While the immediate impact on the market is limited, Chinese PVC suppliers took this as a positive signal that the demand might be improving moving forward.
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07 May 2024

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China Morning Snapshot – 07 May 2024

According to a number of local traders, sales dwindled throughout the morning session with customers engaging in aggressive negotiations.
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07 May 2024

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07 May 2024 - Shenhua's coal-based PP and PE Auction Results

This surge can be attributed to several factors, prominently the resurgence of the futures market.
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06 May 2024

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Price List: Zhongjing Petrochemical maintains stable offers for six weeks straight

A source close to the producer once again highlighted the heightening challenges in attracting international buyers amid the volatile energy complex.
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06 May 2024

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Local PP, PE offers in Indonesia steadied amid dwindling demand conditions

Indonesian customers have been slowing down purchases since the start of May claiming comfortable on-hand stocks while focusing on transferring the costs to finished goods selling prices.
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06 May 2024 SPVC k67-68

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Indonesian PVC market fell $20/ton month-on-month as weak demand persists

Apparently, the demand condition has not shown any major improvement at the time of this report. The market has been treading lightly between the General Election in February followed by a series of holidays.
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06 May 2024

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China Morning Snapshot – 06 May 2024

Arbitrage sellers took advantage of the drop in PP and LLDPE futures by offering better deals to spot buyers and closing deals accordingly.
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