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News Insight & Analysis

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Price List: China’s Zhongjing steps back on export PP offers on weak demand
30 Mar 2023 Although the domestic spot market in China has been tracking the stabilizing trend over the past several trading days, buyers here would only secure enough materials to cover their immediate needs instead of building stocks.
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30 Mar 2023

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China Morning Snapshot – 30 March 2023

Even with the low stock levels, domestic producers are forced to step back on their spot PP and PE offers toward the end of the week as the two consecutive sessions of weakening futures trading dented market confidence.
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30 Mar 2023

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30 March 2023 - Shenhua's coal-based PP and PE Auction Results

The plunge in purchasing activities is seen as a testimony that buyers have restocked sufficiently and prefer to wait on the sideline amid the weaker temperamental Dalian Commodity Exchange.
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29 Mar 2023

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China Morning Snapshot – 29 March 2023

For the first time in March, the total stocks belonging to Sinopec and CNPC dropped below the 700,000 tons mark, which further encourages sellers to maintain a firm stance on the prices.
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29 Mar 2023

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29 March 2023 - Shenhua's coal-based PP and PE Auction Results

Trading activities on the Shenhua auction platform remained strong for the third consecutive session thanks to the resilient Dalian Commodity Exchange.
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28 Mar 2023

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Malaysian producer cuts local PP, PE offers for the first time in three months

The latest price reductions, although considered large, failed to stimulate the desirable buying interest among Malaysian buyers.
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28 Mar 2023

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Malaysian maker slashed April shipment PP, PE offers to Indonesia

Even after the sharp reductions, the producer’s latest PP offers are deemed less attractive compared to other non-dutiable origins.
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28 Mar 2023

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China Morning Snapshot – 28 March 2023

Several other traders expressed their interest in making additional replenishment for LLDPE film from the import market this week due to the tight spot supply in the local market.
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