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Local PP market in Indonesia nosedived; PE sector dropped moderately on persistently sluggish demand
20 May 2024 It is important to note that the maker’s official price list has been at the upper end of the overall range for some times and the reductions is necessary considering the competitive offers in the distribution front and the import ground.
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20 May 2024

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China Morning Snapshot – 20 May 2024

However, buying sentiment weakened sharply compared to last Friday, in line with the mounting resistance from buyers.
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20 May 2024

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20 May 2024 - Shenhua's coal-based PP and PE Auction Results

However, compared to the previous session, the number of transactions has dropped slightly as a result of higher auction prices.
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17 May 2024

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China Morning Snapshot – 17 May 2024

As the futures market rose to multi-month highs, local suppliers did not forego the opportunity to lift spot PP and PE offers to reflect the bullish situation.
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17 May 2024

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17 May 2024 - Shenhua's coal-based PP and PE Auction Results

The bidding sessions on the Shenhua Auction Platform produced commendable results after a stellar performance of PP and LLDPE futures on the Dalian Commodity Exchange (DCE) during the overnight session.
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16 May 2024

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Key Saudi Arabia producer indicates stable offers for June shipment to SEA

As regional and international suppliers are set to announce June shipment offers to Southeast Asia, several producers are surveying market acceptance while expressing selling ideas based on the current market condition.
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16 May 2024

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China Morning Snapshot – 16 May 2024

Trading activities remained mediocre throughout the morning session as buyers adopted a cautious stance toward the latest hike on the Dalian Commodity Exchange.
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16 May 2024

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16 May 2024 - Shenhua's coal-based PP and PE Auction Results

As the momentum gets going, today’s results on the Shenhua Auction Platform were much favourable than on Wednesday particularly for homo-PP and PPBC with higher deal volume
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