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News Insight & Analysis

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Local PP and PE offers continue to hike despite the appreciated Rupiah in Indonesia
16 Jan 2023 In a span of a week, the Rupiah appreciated nearly 3.2% against the US dollar, according to data from Oanda, on expectations that the Federal Reserve would be less aggressive in the next interest rate hikes, now that inflation in the US is under control.
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16 Jan 2023

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China Morning Snapshot - 16 January 2023

The continuous price increment led customers to purchase polymers at a much smaller volume, ordering only on a needs basis.
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16 Jan 2023

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

The percentage of deals on the Shenhua auction platform showed mixed demand conditions for PP and LLDPE from local customers,
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13 Jan 2023

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Price List: China’s Zhongjing lifts PP prices ahead of a global production slowdown

The fresh hikes, according to a source close to the producer, reflect the slowdown in global polymer production, following the shutdowns at major plants
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13 Jan 2023

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China Morning Snapshot – 13 January 2023

Suppliers reported having achieved a satisfactory number of deals even at higher price levels.
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13 Jan 2023

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

Market confidence has improved sharply following the preliminary signs of a possibly soft-landing in the global economic hardship now that inflations in Western countries seem under control.
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12 Jan 2023

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China Morning Snapshot - 12 January 2023

The domestic spot market traded mixed throughout the morning session. While a segment of customers is taking advantage of the stabilizing futures market by making last-minute purchases
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12 Jan 2023

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

Though overall deals for homo-PP and LLDPE remain above 90%, deals have slightly weakened compared to yesterday, as a number of traders leave for the Lunar New Year holidays.
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