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Price List: China’s Zhongjing raises export PP offers amid firming local market
24 Jan 2024 After keeping export offers on a stable note at the start of the week, China’s Zhongjing decided to revise their export PP prices upward to reflect the reduced sales pressure amid the firming domestic ground.
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24 Jan 2024

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China Morning Snapshot – 24 January 2024

Local sellers noted a deceleration in sales this morning, particularly as some producers attempted to maintain firmer PP offers, testing the market's response following a mostly stable note the previous day.
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24 Jan 2024

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24 January 2024 - Shenhua's coal-based PP and PE Auction Results

After finalizing the purchases, buyers are adopting a careful approach and refraining from active engagement.
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23 Jan 2024

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Taiwanese major surprisingly lifted February PVC offers to Asia

Asian market participants initially expected a rollover or $10-20/ton reduction citing the soft purchasing activities and heightened pressure among Chinese suppliers to deplete their stocks ahead of the Lunar New Year holiday.
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23 Jan 2024

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Indonesian producer reversed price cut decision on spot PP cargoes

On 20 January 2024, an equipment malfunction led to a combustion at the fire stack belonging to the producer at the Celegon complex. The incident was contained, however, the impact on the plant has not been disclosed.
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23 Jan 2024

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China Morning Snapshot – 23 January 2024

Customers have secured at least some cargo and prefer to wrap up the paperwork instead of rushing for another round of purchases.
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23 Jan 2024

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23 January 2024 - Shenhua's coal-based PP and PE Auction Results

Limited volume in the LLDPE auction, coupled with low availability of import offers and ongoing buyer demand, resulted in deals being achieved even at prices CNY50/ton higher than the previous day.
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22 Jan 2024

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Price List: Zhongjing Petrochemical hold export PP offers stable, eyes price rebound

Zhongjing Petrochemical has surprisingly rolled over its export offers for PP cargoes from the previous week despite an uptick in purchasing activities in the local Chinese market.
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