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News Insight & Analysis

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China Morning Snapshot – 21 June 2023
21 Jun 2023 In fact, Chinese suppliers have been heavily focusing on serving the domestic demand since the beginning of the week, leveraging the stabilizing market trend, and improving purchasing interest.
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21 Jun 2023

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21 June 2023 - Shenhua's coal-based PP and PE Auction Results

Trading activities on the Shenhua auction platform remained relatively strong on the final trading day of the week as bidders are highly motivated by the resilient Dalian Commodity Exchange.
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20 Jun 2023

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China Morning Snapshot – 20 June 2023

Domestic suppliers shrugged off the soft futures market to maintain spot PP and PE offers largely unchanged from the previous session on the back of the sharp inventory reductions.
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20 Jun 2023

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

Chinese bidders remained enthusiastic about making replenishment on the Shenhua auction platform, driven by the resilient futures market and reduced auction volume.
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19 Jun 2023

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Price List: Zhongjing rollovers export PP offers amid stabilizing local market

Key PP contracts for September delivery on Dalian Commodity Exchange gained CNY60/ton at the opening hours on Monday, 19 June 2023 thanks to the rebound on the energy complex
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19 Jun 2023

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Local PP market extended weakening trend in Indonesia; PE holds steady

It is not surprised to see the PE market started gaining stabilization considering the relatively stable demand for these grades in Indonesia over the past months.
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19 Jun 2023

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China Morning Snapshot – 19 June 2023

The short trading week is highlighted by the potentially no significant measures by the government to stimulate growth, which means spot PP and PE offers might remain rangebound.
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19 Jun 2023 Ethylene

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Asian ethylene market nears three-year lows, buying interest resurfaces

After thirteen consecutive weeks of decline, ethylene costs in this region are now at the lowest levels since August 2020 with a high possibility the current downtrend might persist in the near term.
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