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News Insight & Analysis

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22 January 2024 - Shenhua's coal-based PP and PE Auction Results
22 Jan 2024 Trading sentiment on the Shenhua auction platform remained robust at the start of the week, and despite a CNY90/ton hike in the auction prices, buyers showed greater acceptance.
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19 Jan 2024

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Chinese PVC market unexpectedly inched higher despite rises in inventories

In fact, CommoPlast reached out to 25 PVC pipe converters across China this week in a survey to determine their Lunar New Year holiday schedules, in an attempt to gauge the pre-holiday demand.
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19 Jan 2024

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China Morning Snapshot – 19 January 2024

Local sellers find that even rollover offers fail to attract buying interests, with most customers opting to adopt a wait-and-see approach while monitoring further development.
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19 Jan 2024 LD Film

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Asian LDPE film market rises sharply on tightening supply outlook

In the first ten months of 2023, China imported about 2.53 million tons of LDPE, with Iran ranking as the largest supplier (16.7%), followed by the US (15.8%),
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19 Jan 2024

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

Shenhua concluded the final auction session of the week with satisfactory results despite having maintained prices for both homo-PP and LLDPE film unchanged from the previous session.
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18 Jan 2024

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Survey: Chinese BOPP film converters planned longer Lunar New Year break amid weak orders

In the run-up to the Lunar New Year holiday, which takes place on 10 February 2024, CommoPlast has conducted a survey among key BOPP film manufacturers across China to estimate the shutdown duration
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18 Jan 2024

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Indonesian PE market hit a peak as buyers resisted the dramatic surge

Looking forward, the Indonesian PE market is expected to knot up in a tug-of-war between dimming buying interest and an uncertain supply outlook stemming from the ambiguous import quota application processes.
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18 Jan 2024

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China Morning Snapshot – 18 January 2024

Local sellers noted sluggish buying activities among customers this morning, with those who recently made purchases adopting a cautious "wait and see" stance.
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