China Morning Snapshot – 11 January 2024

11 Jan 2024 Following several days of continuous price reductions, Chinese buyers finally returned to the market for restocking ahead of the weekend.

11 Jan 2024

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

Compared to the previous trading session, the transactions on the Shenhua platform improved sharply thanks to the producer’s effort to adjust the prices to attract customers.

10 Jan 2024 PPH Raf

Chinese homo-PP inches lower in Vietnam, creating confusion in the market

However, the two consecutive downward price adjustments this week from Chinese sellers signal the possibility that the recent rally might have reached a peak.

10 Jan 2024

China Morning Snapshot – 10 January 2024

Despite the slower inventory digestion rates, sources said the current stock levels are well under control, which discourages producers from introducing any drastic price reductions

10 Jan 2024

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

Following two consecutive sessions of dwindling sales results, Shenhua continued to lower auction prices for LLDPE by CNY50/ton while maintaining homo-PP unchanged.

09 Jan 2024

China Morning Snapshot – 09 January 2024

In contrast to the futures market, the domestic spot market continues to track a softening trend with LLDPE film offers witnessing larger reductions.

09 Jan 2024

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

The dwindling Dalian Commodity Exchange since the market returned from the New Year holiday sap all risk appetite despite Shenhua’s constant effort to adjust deal prices to make their cargoes attractive.

05 Jan 2024

Overseas producers lifted import PE offers to China; shipping issues in focus

In the meantime, market participants also monitor the implementation of the quality control measures on HDPE cargoes in India.

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