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China Morning Snapshot - 31 January 2023
31 Jan 2023 In fact, this is the first time since CommoPlast started to record the data in 2015, the stocks built up throughout the Lunar New Year holiday stood below the 1 million tons threshold.
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31 Jan 2023

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31 January 2023 - Shenhua's coal-based PP and PE Auction Results

The bullish sentiment observed on the first trading day of the week has evaporated. Chinese bidders quickly withdraw to the sidelines following the declines on Dalian Commodity Exchange that narrows the price gaps between the two trading platforms.
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30 Jan 2023

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Price List: Zhongjing Petrochemical resumes lifting export PP offers following the long holiday

There have been discussions over the past week that the current uptrend might be capped if Chinese suppliers become more active in exporting PP cargoes after the holiday.
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30 Jan 2023

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Omani producer pioneer PP, PE price hikes in China as market returns from holiday

Deals have been immediately achieved. Sources said that the maker’s latest offers remained highly attractive even after the hikes.
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30 Jan 2023

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Local PP market in Indonesia surged sharply while PE remains dwindling

The latest hikes send a shockwave throughout the domestic market and motivate international suppliers to mimic the pricing movement.
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30 Jan 2023

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China Morning Snapshot - 30 January 2023

Economic activities including travel and entertainment are recovering, further reinforcing the optimism about better demand conditions ahead.
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30 Jan 2023

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

Shenhua decided to lift deal prices for both homo-PP and LLDPE by CNY50/ton compared to the previous day, but many customers are still away from the market
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26 Jan 2023

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Malaysian producer announced February PP, PE offers with large hikes to Indonesia

The tightening supply outlook encourage buyers, particularly in the Southern Asia region to stock materials, further bolster the uptrend.
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