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News Insight & Analysis

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China Morning Snapshot – 23 May 2023
23 May 2023 Despite the slight rebound, trades were inadequate as buyers that made purchases in the previous session opted to sit out this session expecting further discounts
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23 May 2023

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23 May 2023 - Shenhua's coal-based PP and PE Auction Results

Following a depressing start at the beginning of the week, transactions on the Shenhua auction platform recovered sharply on the second day of the week thanks to the rebounded Dalian Commodity Exchange.
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22 May 2023

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Price List: Zhongjing maintains export PP offers stable following two weeks of reductions

In the domestic market in China, downward pressure escalates on the first trading day of the week as key contracts on Dalian Commodity Exchange nosedive to 2023's new lows.
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22 May 2023

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Local PP, PE market extended the weakening trend in Indonesia

Surprisingly, converters in the packaging sector started seeing an improvement in finished goods demand, particularly for LLDPE rolls, which is contributed to the post-holiday restocking
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22 May 2023

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China Morning Snapshot – 22 May 2023

Market sources said that trading activities come close to zero even after the latest reductions and the smaller-than-usual built-up in local stocks.
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22 May 2023

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22 May 2023 - Shenhua's coal-based PP and PE Auction Results

Despite auction prices for coal-based homo-PP diving below the CNY7000/ton threshold, deals concluded are less than 1% of the total volume.
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19 May 2023

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Price List: Zhongjing continues to cut export PP offers further

Despite reducing prices to compensate for the fragile state of the market, weak export and local demand remained which forced Zhongjing Petrochemical to step back on offer...
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18 May 2023

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China Morning Snapshot – 18 May 2023

Trading activities in the domestic spot market remain subdued toward the end of the week and signs of a stabilising futures market failed to stimulate any buying interest.
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