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News Insight & Analysis

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China Morning Snapshot – 26 April 2024
26 Apr 2024 Meanwhile, buying sentiment remained bleak as the weekend approached as many market players were either on the sidelines or sourced hand-to-mouth materials only before Labour Day
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26 Apr 2024

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

The bulk of auctioned bids came from need-based purchases, mirroring the trend seen yesterday as many customers remained hesitant to accumulate excess stock ahead of the upcoming Labour Day holiday next Wednesday.
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25 Apr 2024

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

This collective stance served to mitigate any significant downward pressure on sales.
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22 Apr 2024

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Price List: Zhongjing maintains export PP offers stable for fourth straight week

The unchanged price point has held for four consecutive weeks now despite the highly volatile external environment.
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22 Apr 2024

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Indonesian producer raises PP and PE prices post-Raya break: Navigating exchange rates and maintenance turnarounds

The increment can be primarily attributed to two key factors: the depreciation of the Rupiah and the impending maintenance turnaround at a key local plant.
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22 Apr 2024

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China Morning Snapshot – 22 April 2024

Buying sentiment was sluggish, with only a few buyers making need-based purchases, while the majority hesitated due to the firmer price levels.
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22 Apr 2024

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

The firmer auction prices, with homo-PP and LLDPE seeing increases of CNY50/ton and CNY40/ton respectively, contributed to the lower deal rate as buyers displayed resistance on the platform.
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19 Apr 2024

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China Morning Snapshot – 19 April 2024

The Dalian Commodity Exchange (DCE) witnessed a significant upturn in sentiment as LLDPE and PP futures hit a level not seen since January 2023 and 17 September 2023 respectively
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