China Morning Snapshot – 08 October 2022

08 Oct 2022 Offers for both PP and PE cargoes rose sharply with a satisfactory number of transactions observed, considering that the market has only partially returned.

08 Oct 2022

8 October 2022 - Shenhua's coal-based PP and PE Auction Results

Shenhua decided to return to the market earlier than others while offering discounts of CNY50/ton on deals for coal-based homo-PP and CNY150/ton on LLDPE.

07 Oct 2022

Local Indonesian PE market slides as weak demand outweighed supply tightness

Indonesian customers have been highly cautious about making replenishment over the past several weeks on the renewed price war in the finished-product markets.

07 Oct 2022

Chinese players cautiously optimistic about post-holiday PP, PE demand outlook

Just a few days ago, the post-Golden Week demand outlook was doused in uncertainties, but the situation seems to have changed drastically since the recent rally of the energy complex.

04 Oct 2022

Import homo-PP market in Vietnam remains soft as sellers keep up with competitive South Korean materials

Several medium-scale manufacturers claimed to have stocked up comfortable inventories until first half of December and prefer to monitor the demand condition in China after the Golden Week before making any other decisions.

03 Oct 2022

Major Indonesian producer slashes October PVC offers to local buyers

Market talks are that the downward adjustment could be a result of the appreciation of the US dollar as the maker prices their cargoes in this currency.

03 Oct 2022

Domestic PP, and PE offers in Indonesia rose for the second week in a row

A major local producer in Indonesia has lifted spot PP and PE offers for a second week in a row on the back of the steep depreciation of the Rupiah against the US dollar.

30 Sep 2022

[FREE] 30 September 2022 - Shenhua's coal-based PP and PE Auction Results

On the final trading day of the month, however, Shenhua continues to place some quantities for homo-PP and LLDPE on the auction platform at CNY100-150/ton increase from the previous session.

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