China Morning Snapshot – 20 July 2023

20 Jul 2023 Buyers have largely completed their purchases and prefer to wait on the sidelines now that the bull run on the Dalian Commodity Exchange started losing steam.

20 Jul 2023

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

Despite the CNY50/ton hike on both homo-PP and LLDPE contracts, prices were still considered more attractive than local price levels therefore, customers opted to source some cargoes.

19 Jul 2023 SPVC k67-68 SPVC (A) k67-68

Chinese PVC market hit a three-month high on stronger export activities

The Chinese PVC market surges to the levels last seen in April 2023 this week, riding on the improving demand outlook as Indian customers return to the market with a healthy buying appetite while the Chinese government vows to support the economy.

19 Jul 2023

China Morning Snapshot – 19 July 2023

The most traded PP and LLDPE contracts on Dalian Commodity Exchange settled the morning session with moderate gains on optimism over more stimulus packages from the Chinese government moving forward.

19 Jul 2023

19 July 2023 - Shenhua's coal-based PP and PE Auction Results

Optimism over the near-term demand outlook recovered from the slump earlier this week after the government said it will act to support economic growth.

18 Jul 2023 SPVC k67-68

Taiwanese major lifted August PVC offers larger than expected

A major Taiwanese producer has announced fresh PVC offers for August loading to Asia with a large increase from July on the back of reduced availability and an uptick in demand in the Indian market.

17 Jul 2023

Price List: Zhongjing keeps export PP offers unchanged as local market loses steam

The most traded PP and LLDPE contracts on Dalian Commodity Exchange fell sharply on the first trading day of the week after official data showed the Chinese economy expanded at a slower pace than expected in the second quarter of the year.

17 Jul 2023

Indonesian maker resumed lifting PP, PE offers to the domestic market

According to market sources, the upward adjustments are appropriate considering the lack of ready stocks for homo-PP yarn, HDPE, and LLDPE cargoes.

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