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News Insight & Analysis

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29 January 2024 - Shenhua's coal-based PP and PE Auction Results
29 Jan 2024 As more buyers started to take off for the Lunar New Year holiday, Shenhua escalated the effort to deplete more on-hand inventory ahead of the month-end closing.
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26 Jan 2024

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Russia’s Novatek might take weeks to restart operations; temporary disruption in naphtha supply

Data from CommoPlast showed spot naphtha traded based on CFR Japan terms gained about 4.5% within January alone as the Red Sea crisis curtailed shipments from Europe.
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26 Jan 2024

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Chinese PVC market cautiously optimistic; spot market inches higher as holidays draw near

While the local demand is not up to expectation, Chinese sellers gain advantage in the export market by maintaining ethylene-based PVC offers stable
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26 Jan 2024

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China Morning Snapshot – 26 January 2024

Speculations are rife among buyers, with expectations of more discounts as a greater number of market participants take leave for the impending holiday season.
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26 Jan 2024

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

Shenhua surprisingly double the homo-PP and LLDPE allocation for auction on the final trading day of the week, causing heavy confusion among buyers.
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25 Jan 2024

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Mixed sentiment observed in China as five new BOPP sheet plants start up

In usual circumstances, these startups indicate higher demand for raw materials, in this case is homo-PP yarn and BOPP.
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25 Jan 2024

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

Trading sentiment on the Shenhua auction platform was mixed with bidders exhibiting strong buying interest for LLDPE film while adopting a more conservative stance toward homo-PP cargoes.
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24 Jan 2024

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Saudi producer lifted February PE offers to Asia amid limited supply, higher costs

As the Asian PE market increasingly faces the influence of the constant alternation of the macroenvironment, a Saudi Arabia producer eludes the pricing risks by lifting February shipment offers to the region despite the persistently lethargic demand.
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