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News Insight & Analysis

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China Morning Snapshot – 19 December 2023
19 Dec 2023 In related news, the earthquake in Gansu, China has not created any direct impact on the polyolefin supply as nearby plants continue to operate at normal rates.
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19 Dec 2023

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19 December 2023 - Shenhua's coal-based PP and PE Auction Results

Nevertheless, auction prices for both PP and LLDPE showcased discounts compared to the previous day, with PP Homo auction prices dropping by CNY30/ton
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18 Dec 2023 SPVC k67-68

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Taiwanese PVC producer cuts January shipment offers amid softening demand

The price decision is attributed to the softening demand and heightened competition from attractive Chinese cargoes.
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18 Dec 2023

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Price List: Zhongjing Petrochemical maintains export PP offers unchanged amid softer DCE

Over the past week, the producer has been receiving an increased number of inquiries from overseas customers and although transactions are thin, this development signals a possible reopening export window.
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18 Dec 2023

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Indonesian producer lifted local PP, PE offers amid import quota concerns

The heightening fear among market participants stoke expectations that buyers might have to accept the latest price increment.
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18 Dec 2023

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China Morning Snapshot – 18 December 2023

Local sellers predominantly reported weak market inquiries this morning, with many customers opting to monitor the situation before making further purchasing decisions.
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18 Dec 2023

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18 December 2023 - Shenhua's coal-based PP and PE Auction Results

Having said so, it is important to note that the transaction results were still satisfactory for deal prices were CNY20-80/ton higher than the previous session.
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15 Dec 2023 PET Bottle

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Chinese suppliers cut export PET offers amid weaker upstream costs, seasonal lull

With a gloomy near-term demand outlook, at least three new Chinese PET plants have decided to postpone the startup, which was initially scheduled for December.
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