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News Insight & Analysis

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Saudi Aramco cuts April propane prices for the first time in eight months
01 Apr 2024 For the first time since August 2023, Saudi oil and gas giant – Saudi Aramco cuts contract propane and butane prices to Asia for April loading on the backdrop of a lingering supply tightness
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01 Apr 2024

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Price List: Zhongjing surprisingly cuts export PP offers by $5/ton

China’s Zhongjing Petrochemical surprisingly down-adjusted export PP offers by $5/ton amid a revived local market and the constant claim of being free from sales pressure.
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01 Apr 2024 HD Film

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Local HDPE film market regains premium over LLDPE film as maintenance season curtails availability

After six consecutive weeks of climbing, the local HDPE film market finally regained the premium over the LLDPE film market thanks to the tightening supply condition that stemmed from a series of local plant shutdowns in March and April.
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01 Apr 2024

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Indonesian PP and PE market mixed as buyers embrace the holiday mood

Over the weekend, a major producer in Indonesia reportedly opened fresh PP and PE offers to the local market at varying price points compared to the previous week. It is the third time in three weeks that homo-PP, LLDPE and HDPE were marked down
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01 Apr 2024

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China Morning Snapshot – 01 April 2024

Key PP and LLDPE contracts on the Dalian Commodity Exchange kickstarted the week on a strong note thanks to the bullish manufacturing data that signalled the recovery of the Chinese economy.
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01 Apr 2024

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01 April 2024 - Shenhua's coal-based PP and PE Auction Results

The market continued to leverage the tightening supply outlook as local PP and PE plants enter maintenance season while the latest official data from the government showed manufacturing activities in the country expanded for the first time in six months in March
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29 Mar 2024 SPVC k67-68 SPVC (A) k67-68

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Chinese PVC market resumed sliding amid persistently weak demand

The value of new home sales from 100 biggest real estate companies fell 46% year-on-year in March after nosediving 60% in February.
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29 Mar 2024

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China Morning Snapshot – 29 March 2024

The domestic spot market closely mimics the development on the Dalian Commodity Exchange with spot LLDPE film gaining CNY50/ton while homo-PP holding steady.
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