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News Insight & Analysis

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Statistics: China’s local HDPE and PP production hit historical highs in August.
12 Sep 2023 Sources attributed the 7.6% increase in the PP outputs to the startup at several newly constructed plants while many existing producers opted to lower the run rates amid squeezed margins.
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12 Sep 2023

insight

Price List: Zhongjing up-adjusted export PP offers for the second time this week.

As reported, trading activities in the local China market have been relatively strong over the past several sessions amid pre-holiday replenishment.
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12 Sep 2023

insight

China Morning Snapshot – 12 September 2023

Key PP and LLDPE contracts on Dalian Commodity Exchange continue to rise on the second trading day of the week on expectations that the FED would halt the aggressive interest rate hikes
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12 Sep 2023

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12 September 2023 - Shenhua's coal-based PP and PE Auction Results

Shenhua adjusted auction prices up by CNY 50/ton for homo-PP and CNY 30/ton for LLDPE to reflect the reduced auction volume and resilient futures market.
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11 Sep 2023

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Price List: Zhongjing resumes lifting export offers on strong local market.

The producer shrugs off the soft buying interest among overseas buyers to protect production margins.
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11 Sep 2023

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Malaysian producer opens October PE offers to Vietnam with further hikes.

The price hikes are well-expected among Vietnamese market participants, still, buyers are reluctant to accept the latest offers when other cargoes are available at way below these levels.
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11 Sep 2023

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Local PVC market in Indonesia galloped higher; steady demand was observed.

While being active, Indonesian buyers also portray a certain degree of restrained purchases, in which most transactions are in small quantities.
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11 Sep 2023

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Indonesian producer continued lifting PP, PE offers; demand remained sluggish.

As reported earlier, the distribution PE market in Indonesia has been moving in an opposite direction compared to the official price list from the local producer or the regional market.
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