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News Insight & Analysis

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Malaysian LDPE faces resistance in Vietnam as the producer reduces bid collection.
30 Oct 2023 The supplier reportedly re-initiated a bid-collecting campaign at lower prices, which clearly underlines the challenges the maker is facing.
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30 Oct 2023

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Local producer cuts PP offers in Indonesia while keeping PE unchanged.

In the meantime, the distribution market is more responsive to the market development with traders actively offering discounts to entice buying interest.
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30 Oct 2023 LL C4 Film

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Indian LLDPE film breaches below $900/ton mark in China, lengthy supply hurts sentiment.

Even though this was the first time since early July 2023 that the import LLDPE film to China breached below the $900/ton threshold, buyers showed no urge to obtain larger quantities.
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30 Oct 2023

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China Morning Snapshot – 30 October 2023

Most traded PP and LLDPE contracts on the Dalian Commodity Exchange ended the morning session with additional gains on bullish sentiment surrounding the near-term economic outlook.
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30 Oct 2023

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

With futures contracts on the Dalian Commodity Exchange rebounded on the first trading day of the week, Chinese bidders became more enthusiastic about the Shenhua auction platform.
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27 Oct 2023

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Middle Eastern producers set final November PE prices in Vietnam, mediocre offtake rate.

Even though import LLDPE film prices are now well below the $1000/ton threshold, the offtake rates remain disappointing.
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26 Oct 2023

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Malaysian PP and PE offered at lower levels in Indonesia for November loading.

Weak demand, the appreciating US dollar, and better supply conditions forced a key Malaysian producer to step back on new PP and PE offers for November loading to Indonesia this week.
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26 Oct 2023

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26 October 2023 - Shenhua's coal-based PP and PE Auction Results

Trading sentiment on the Shenhua auction platform weakened slightly toward the weekend to reflect falling futures contracts on the Dalian Commodity Exchange.
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