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China Morning Snapshot – 17 November 2022
17 Nov 2022 Trading activities are weak even after the discounts, though the manageable inventory levels allow sellers to limit any price reductions.
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17 Nov 2022

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17 November 2022 - Shenhua's coal-based PP and PE Auction Results

Toward the end of the week, Chinese bidders lose confidence in the market outlook, hence aborting replenishment on the Shenhua auction platform.
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16 Nov 2022

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Vietnamese homo-PP inches higher in China amid growingly cautious buyers

Even though the number of COVID-19 infection cases in China hit the highest levels since the pandemic, market participants continue to bet on easing lockdown measures
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16 Nov 2022

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Import PE offers to China extended the firming trend, demand for LLDPE film remains satisfactory

Data from CommoPlast suggest that on average, PE film offers gained between $15-30/ton week-on-week, and LLDPE film cargoes priced below the $900/ton threshold have not repeated.
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16 Nov 2022

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China Morning Snapshot – 16 November 2022

Chinese market participants reported significantly slower trading activities throughout today’s morning session as buyers are mostly done with replenishment
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16 Nov 2022

insight

16 November 2022 - Shenhua's coal-based PP and PE Auction Results

Apparently, demand for LLDPE remains relatively stronger than homo-PP, though, with CNY50/ton discount on deals compared to the previous session did help to attract LLDPE customers.
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15 Nov 2022

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China Morning Snapshot – 15 November 2022

The rapid uptrend started to face resistance. Local suppliers complained of visible drop in sales since the beginning of this week, hence the reduction in spot PP cargoes.
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15 Nov 2022

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15 November 2022 - Shenhua's coal-based PP and PE Auction Results

While the number of transactions for homo-PP has fallen from the previous session, Chinese buyers continue to search for competitive LLDPE cargoes thanks to the firming Dalian Commodity Exchange.
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