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News Insight & Analysis

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21 November 2023 - Shenhua's coal-based PP and PE Auction Results
21 Nov 2023 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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20 Nov 2023

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Post-Diwali Return: Indian PP and PE market diverged with low buyer confidence

Cautiousness prevails among Indian customers regarding the near-term market outlook, influenced by comfortable local availability and mediocre demand conditions.
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20 Nov 2023

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Local Indonesian PP market gallops lower amid weak demand, appealing imports

A major Indonesian producer has unveiled their weekly pricing structure, affirming their dedication to maintaining price stability for polyethylene (PE) products in a recent update.
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20 Nov 2023

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China Morning Snapshot- 20 Nov 2023

Most traded PP and LLDPE contracts on the Dalian Commodity Exchange ended the morning session in the red as the market responded to the PBOC’s decision to keep the benchmark lending rates unchanged
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20 Nov 2023

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

Compared to the previous trading session, Shenhua received better responses from the market on the first day of the week.
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17 Nov 2023 SPVC k67-68 SPVC (A) k67-68

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Chinese PVC market resumed downturn amid waning demand and industry challenges

The impact is not confined to the North alone. In Southern China, many PVC pipe manufacturers have responded to severely lacking finished-goods orders by cutting operating rates
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17 Nov 2023 LL C4 Film PPH Raf

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China Morning Snapshot – 17 November 2023

Buyers remained on the sideline, claiming to have stocked up comfortably while assessing the diverse trends in crude oil and the polyolefins markets.
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17 Nov 2023

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

The market commentary suggests that local sellers, including Shenhua (a coal-based producer), are experiencing minimal inventory pressure, contributing to the resilience in prices.
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