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News Insight & Analysis

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Indonesian PP, PE market track stable to firmer trend following holiday
02 May 2023 A key Indonesian producer announces fresh spot PP and PE offers as the market returns from the long holiday on a stable to firmer track, resuming the trend observed prior to the break.
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28 Apr 2023

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Saudi producer announced May PE offers to Indonesia at stable to firmer trend

The latest deal levels indicate a reduction of $10/ton on HDPE film compared to the previous transaction in April while LLDPE film is unchanged, according to CommoPlast data.
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28 Apr 2023

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Local producer rollovers May PP, PE offers in Malaysia amid sluggish demand

Initial responses from the market are soft. Buyers refrain from placing any firm bids, especially on PP cargoes amid the dwindling finished goods businesses and comfortable supply conditions.
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28 Apr 2023

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Competitive Chinese cargoes weigh on the Indonesian homo-PP market after Ramadan

Indonesian market participants return to the market to find the readily present competitive Chinese homo-PP offers that weigh heavily on the market sentiment...
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27 Apr 2023

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China Morning Snapshot – 27 April 2023

Domestic spot PP and PE market moderately responded to the weakening Dalian Commodity Exchange as prices see just CNY50/ton reduction from the previous day.
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27 Apr 2023

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27 April 2023 - Shenhua's coal-based PP and PE Auction Results

The poor results for PP contracts are further proof of the market hesitance upon any price markups with homo-PP gaining CNY30/ton from the last session.
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26 Apr 2023

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China Morning Snapshot – 26 April 2023

Trading sentiment in the domestic spot market falls sharply throughout the first half of the day, which is very much expected taking into account the soft finished goods demand.
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26 Apr 2023

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26 April 2023 - Shenhua's coal-based PP and PE Auction Results

Since the month is drawing to a close, coupled with the fact that there is limited import arrival and availability, producers are holding a firmer stance on their prices, however market hesitance remains with customers taking need basis deals only.
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