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News Insight & Analysis

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Local PE market in China regains strength as agricultural film season begins
12 Dec 2023 There have been heavy discussions in the market claiming the three-month declining streak might have found its footing, which encourages converters to resume making fresh purchases.
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12 Dec 2023

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China Morning Snapshot – 12 December 2023

However, the packaging sector remains relatively mediocre with buyers preferring to source hand-to-mouth basis to avoid inventory risks.
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12 Dec 2023

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

The auction deals for Homo-PP improved significantly compared to the previous day, while LLDPE deals remained fully subscribed at 100%.
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11 Dec 2023

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Price List: Zhongjing cuts pp export prices amidst market caution and holiday season.

This is the third consecutive week the producer lowered export offers despite having limited on-hand stocks stemming from the drastic production rate cut over the past months.
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11 Dec 2023

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Malaysian producer cuts January PE offers to Vietnam, marking second consecutive month of decline

A key Malaysian producer spearheaded January PE shipment offers in Vietnam with additional decreases from December, marking the second consecutive month of declines.
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11 Dec 2023

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Key Indonesian domestic producer announce their weekly price list

In Indonesia, a noteworthy development has unfolded as a local producer strategically lifted spot PP offers in their latest weekly price announcement to reflect the rebounding trend recorded across the regional market.
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11 Dec 2023

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China Morning Snapshot – 11 December 2023

Market sentiment was rather sluggish throughout the early hours of the first trading day as buyers remained on the sidelines to assess the possible pricing direction before engaging in purchases.
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11 Dec 2023

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

Thanks to the resilient futures contracts on the Dalian Commodity Exchange, the Shenhua auction platform kickstarted the week on a strong note.
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