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News Insight & Analysis

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China Morning Snapshot – 04 January 2024
04 Jan 2024 On the other hand, buyers actively survey the market for more attractive alternatives while cautiously making hand-to-mouth purchases.
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04 Jan 2024

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04 January 2024 - Shenhua's coal-based PP and PE Auction Results

Trading sentiment on the Shenhua auction platform remained dwindling toward the weekend and despite the 100% deals reported for coal-based LLDPE film cargoes, it is important to note that auction quantity for this grade stood at merely 500 tons.
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03 Jan 2024

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Vietnamese producers delayed opening new local PP offers amid rising export market

Compared to Indonesia, the real demand for PP in Vietnam remained subdued in the face of sluggish finished goods orders. However, the rising export market played a vital role
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03 Jan 2024

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Saudi Aramco announced January propane price to Asia with increase

While LPG demand in Asia remained largely stable, the recent tension in the Red Sea that caused many international shipping lines to re-route their vessels
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03 Jan 2024

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China Morning Snapshot – 03 January 2024

Additionally, there is a keen interest in exploring export opportunities for PP, with inquiries from overseas buyers in the last two days.
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03 Jan 2024

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03 January 2024 - Shenhua's coal-based PP and PE Auction Results

The overall auction sales results are deemed encouraging, but market players emphasize that buying activities are currently typical as many customers are still assessing the upcoming market trend outlook.
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02 Jan 2024

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Statistics: Local petchem production outputs in China dropped 3.4% in November

Nevertheless, at 7.06 million tons, the combined quantities local plants produced in November were still the third-highest levels in 2023.
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02 Jan 2024

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Statistics: China’s PVC exports rebounded in November

On the local front, Chinese PVC plants produced 1.92 million tons of output in November after hitting the highest level since January 2021 in October.
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