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News Insight & Analysis

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Chinese PVC market: Latest price reductions deemed necessary as demand wanes
06 Jun 2024 Regardless of the dimming sentiment in China, the regional PVC market continues to expect sharp increases in July shipment offers from key suppliers.
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06 Jun 2024

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China Morning Snapshot – 06 June 2024

The stronger crude oil and futures market fuel buyer confidence, encouraging restocking activities ahead of the long weekend holiday.
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06 Jun 2024

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

Failure to secure a satisfactory number of transactions on the previous day has encouraged Shenhua to review and adjust pricing strategies in order to facilitate transactions ahead of the long weekend holiday.
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05 Jun 2024

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Indonesian LDPE market remained on the uptrend, non-dutiable cargoes hit the $1400/ton mark

Meanwhile, the domestic LDPE film market accelerated to 23-month highs with no signs of a slowing down in the near term. Besides, there are no spot cargoes available, and buyers would have to pre-book their orders.
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05 Jun 2024

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China Morning Snapshot – 05 June 2024

The slowing inventory digestion shed light on the sluggish trading sentiment in the local market over the past couple of trading days.
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05 Jun 2024

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Asian naphtha market hit five-month lows on softer demand, volatile upstream

Many naphtha crackers have implemented a series of measures to protect the bottom line, including reducing operating rates and switching to alternative feedstock.
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05 Jun 2024

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

Market sources said that the producer’s decision to lift auction prices by CNY100/ton for LLDPE came at a wrong timing, especially with major futures contracts on the Dalian Commodity Exchange remaining in the bear territory.
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04 Jun 2024

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Indonesian producer lifted local PP and PE offers larger than expected

As reported earlier, the heavy congestion in transshipment ports including Port Klang and Singapore has forced a number of international suppliers to issue official statements
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