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News Insight & Analysis

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China Morning Snapshot - 02 February 2023
02 Feb 2023 Local suppliers offer another round of minor discounts on both PP and PE cargoes, yet real transactions remain mediocre.
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02 Feb 2023

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2 February 2023 - Shenhua's coal-based PP and PE Auction Results

Chinese bidders returned to the coal-based auction platform approaching the weekend on expectations that the futures contracts on Dalian Commodity Exchange would revive after the FED lifted the key interest rate by 0.25%,
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01 Feb 2023

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Local producer lifted February PP offers sharply in Malaysia; moderate hikes on PE

Surprisingly, PP offers registered much stronger gains compared to PE even though the start-up at PrefChem’s PP units is expected to boost domestic supply.
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01 Feb 2023

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Chinese PVC market held steady in the post-holiday week

The Asian petrochemical market has been marching higher since December on bullish expectations associated with the ending of Zero-Covid policy in China. Economic activities in China rebounded in January, the latest data from the National Bureau of Statistics showed.
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01 Feb 2023

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China Morning Snapshot - 01 February 2023

Trading activities remain subdued as the continued falling futures market narrow the arbitrage window, making it less attractive for traders.
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01 Feb 2023

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1 February 2023 - Shenhua's coal-based PP and PE Auction Results

Following a disappointing sales result in the previous session, Shenhua decided to offer CNY100/ton discount on both coal-based PP and LLDPE to facilitate transactions.
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31 Jan 2023

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Saudi Aramco announced February propane prices to Asia with three-digit hikes

Saudi Aramco set February contract propane price to Asia with drastic increases from the previous month
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31 Jan 2023

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Price List: Zhongjing steps back on export PP offers as local market remains weak

Zhongjing Petrochemical reportedly steps back on export PP offers by $15-20/ton just a day after implementing large increases as trading sentiment dims at home and overseas.
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