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News Insight & Analysis

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Indonesian PET market resumed the firming trend on upstream concerns
03 Feb 2024 Apparently, the import quota regulation also encompasses Monoethylene glycol (MEG) under the HS code 290531. Data from TradeMap showed Indonesia imported nearly
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02 Feb 2024

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China Morning Snapshot – 02 February 2024

Trading sentiment remains weak and is expected to worsen in the coming days as market participants officially taking off for the long holiday ahead.
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02 Feb 2024

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02 February 2024 - Shenhua's coal-based PP and PE Auction Results

On the other hand, Shenhua offered CNY50/ton discounts on homo-PP, which helped the maker to achieve a rather satisfactory transaction.
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01 Feb 2024

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Saudi Aramco lifted February contract price by $10/ton

Propane is a primary feedstock used by propane dehydrogenation (PDH) operators in producing propylene monomers.
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01 Feb 2024 PPH Raf

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Middle Eastern homo-PP dipped below the $900/ton mark in China as the competitive local market weighed

This week, at least two Middle Eastern producers agreed to conclude deals for homo-PP yarn below the $900/ton threshold despite the rising production and shipping costs
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01 Feb 2024 HD Film LD Film LL C4 Film

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Chinese PE market divaricates ahead of the Lunar New Year holiday

Speaking to CommoPlast, Chinese market participants also blamed the higher dependency on imports for LDPE for the sharp rise in local prices in recent weeks. In 2023, China imported about 3.05 million tons of LDPE
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01 Feb 2024

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China Morning Snapshot – 01 February 2024

Whilst discounts and price cuts were given, it did not sway the overall buying appetite of the majority, as traders were more keen on observing upcoming trends offering cheaper cargoes before the Lunar New Year.
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01 Feb 2024

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01 February 2024 - Shenhua's coal-based PP and PE Auction Results

The overall buying activity on the Shenhua Auction Platform was directly impacted due to the weaken PP and LLDPE on the Dalian Commodity Exchange (DCE) throughout the morning session
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