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News Insight & Analysis

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China Morning Snapshot – 22 November 2023
22 Nov 2023 As the domestic spot market takes another notch lower, buyers are more willing to proceed with purchases, though most deals are done at the lower end
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22 Nov 2023

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

Although trading sentiment has not rebounded as strongly as sellers might have hoped for, there might be limited room for sharp price reductions,
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21 Nov 2023 SPVC k67-68

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Taiwanese producer announces December PVC shipment with increases

Notably, the updated pricing reflects a substantial alleviation of inventory pressure, attributed to a surge in purchasing activities among Indian customers in the preceding month.
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21 Nov 2023 BOPP PPH Raf

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Price List: Zhongjing lifted export PP offers on stronger Yuan; timid demand persists

As reported earlier, Zhongjing has been operating at 50% capacity for several weeks, focusing on producing only homo-PP yarn and BOPP, hence the absence of other grades.
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21 Nov 2023

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Malaysian PP plunged in Indonesia; PE tracked stable to softer trend

According to market sources, the homo-PP cargoes from the maker lack competitiveness against other non-dutiable cargoes, i.e. Vietnamese materials and locally held imported parcels.
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21 Nov 2023 LD Film

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Chinese LDPE film market sees better transactions on currency, supply tightness support

Despite the pricing ambiguity, there is an uptick in buyer acceptance, leading to increased real transactions.
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21 Nov 2023

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China Morning Snapshot – 21 November 2023

The Dalian Commodity Exchange witnessed a range-bound opening for PP and LLDPE, but a significant retreat towards the end of the morning session has cast a shadow over the overall sentiment in the local market.
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21 Nov 2023

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

Traders emphasized that the purchases are primarily driven by the need for replenishment, and while LLDPE deals appeared improved, they were not as favorable as PP.
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