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News Insight & Analysis

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China Morning Snapshot – 04 December 2023
04 Dec 2023 Local suppliers have responded to the weakening futures contracts by offering discounts and providing additional negotiation space for customers.
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04 Dec 2023

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

The coal-based polyolefins session ended with disappointing results, particularly for homo-PP stemming from the producer’s attempt to lift the price by CNY180/ton from the previous session
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01 Dec 2023 PET Bottle

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Indonesian PET bottle market: Steady trends amidst cautious outlook

The Indonesian PET bottle market remained on a stable trajectory for the third consecutive week as sellers refused to concede to further discounts in guard of the operating margins.
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01 Dec 2023

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China Morning Snapshot – 01 December 2023

On the other hand, market participants adopt a cautious stance to assess the latest manufacturing data and OPEC+ oil production decision instead of securing more cargoes.
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01 Dec 2023

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

The Shenhua auction platform kickstarted the week on a strong note as buyers appeared more enthusiastic to procure more cargo leading to a healthy number of deals concluded.
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30 Nov 2023

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Saudi Aramco rollover December propane price as supply tightness meet reduced demand

The prices act as an indicator for other Middle East liquefied petroleum gas (LPG) producers to gauge the Asian market acceptance.
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30 Nov 2023

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China Morning Snapshot – 30 November 2023

The domestic spot market experienced upward adjustments, with producers indicating low inventory pressure, staying below the 600,000-ton threshold by month-end.
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30 Nov 2023

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30 November 2023 - Shenhua's coal-based PP and PE Auction Results

Shenhua expectedly cut back on the auction volumes on the final trading day of November, which coupled with reductions in deal prices, led to satisfactory sales results.
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