China Morning Snapshot – 27 November 2023

27 Nov 2023 A number of Chinese traders, who had withheld their cargoes in the previous weeks are now more willing to negotiate with serious customers to close deals.

27 Nov 2023

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

The auction activities were predominantly driven by need-based purchases, with traders observing that auction volumes for both PP and PE surpassed those of the previous session.

23 Nov 2023 HD Film LD Film LL C4 Film

Saudi major concluded December PE shipments in Vietnam with substantial discounts

A good number of buyers started returning to the market for replenishment after weeks of keeping purchases to a minimum due to subpar finished goods demand and uncertain outlook.

23 Nov 2023 PET Bottle

Lackluster demand weighs on the PET bottle market in Indonesia

Buyers refrain from entering deals despite stabilizing finished goods orders on expectations that the seasonal lull overseas might bring about more discounts ahead.

23 Nov 2023 LL C4 Film PPH Raf

China Morning Snapshot – 23 November 2023

Once again, local suppliers refused to concede to large discount of spot PP and PE parcels despite the continuous falling futures contracts.

23 Nov 2023

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

The continued falling futures market is to be blamed for the sapping purchasing interest and overshadowing Shenhua’s efforts to facilitate transactions by cutting auction prices by CNY60-90/ton.

22 Nov 2023 HD Film LL C4 Film

Saudi Arabia producer announces December PE offers to SEA with minor decreases

A Saudi Arabian polyethylene producer has unveiled updated prices for the Southeast Asian market, featuring a minor $10/ton decrease for LLDPE film compared to the previous month.

22 Nov 2023 SPVC k67-68 SPVC (A) k67-68

Chinese PVC market hit four-month lows; trading activities improved on restocking activities

Data from CommoPlast showed both ethylene-based PVC and carbide-based PVC traded in the local China market are now at the lowest levels since July 2023.

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