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News Insight & Analysis

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15 December 2023 - Shenhua's coal-based PP and PE Auction Results
15 Dec 2023 Market players informed that the prices were considered reasonable, leading some who had refrained from purchases in the local market the previous day to re-enter, noting a renewed support in prices.
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14 Dec 2023 SPVC k67-68 SPVC (A) k67-68

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Stable futures market and winter storm boost PVC prices in China, minor uptick in demand observed

With spot prices lingering below the CNY6,000/ton threshold, Southern region customers are more willing to place new orders this week, particularly pipe and profile converters.
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14 Dec 2023

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Panic roiled the Indonesian polyolefins market amid import quotas uncertainties

As the government aims to accurately monitor and regulate the supply and demand conditions in the country while streamlining the petrochemical trades, market participants fear backfire from the process.
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14 Dec 2023

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China Morning Snapshot – 14 December 2023

Chinese suppliers opted to roll over spot PP and PE offers from the previous day, citing the lack of inventory pressure as the primary support while shrugging off the dwindling futures market.
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14 Dec 2023

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14 December 2023 - Shenhua's coal-based PP and PE Auction Results

Key PP and LLDPE contracts on the Dalian Commodity Exchange regained strength at the start of the trading day on optimism that the FED might embark on interest rate cut cycle as early as 2024.
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13 Dec 2023

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China Morning Snapshot – 13 December 2023

Chinese traders were rather optimistic at the start of the trading day, attempting to introduce additional hikes on both PP and PE offers to reflect the firming overseas market.
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13 Dec 2023

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

With key contracts on the Dalian Commodity Exchange struggle to retain the previous rally, buyers started portraying a certain level of reservation toward new purchases.
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12 Dec 2023

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Taiwanese major postpones January PVC price announcement amid heightening pressure

According to market sources, a major Taiwanese producer has decided to postpone the new PVC price announcement for January loading until next week amid heightening market challenges.
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