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News Insight & Analysis

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Indonesian producer surprisingly lifted local PE offers for the second time this week.
21 Sep 2023 Delayed in delivery of previously purchased parcels coupled with the strong upstream cost outlook are cited as the primary support behind the latest hikes.
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21 Sep 2023

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China Morning Snapshot – 21 September 2023

Key local producers, namely Sinopec and CNPC managed to deplete the combined PP and PE inventories below the 600,000 tons threshold for the first time in a couple of weeks
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21 Sep 2023

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21 September 2023 - Shenhua's coal-based PP and PE Auction Results

To compensate for the downward pressure, Shenhua stoke up demand by offering CNY60/ton discount on deal prices for homo-PP and CNY70 – 140/ton on LLDPE
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20 Sep 2023

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Saudi major lifted October PE offers to Southeast Asia on tight availability.

Due to the upcoming maintenance shutdown, the maker could only supply spot LLDPE film allocations while skipping HDPE film offerings entirely.
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20 Sep 2023

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China Morning Snapshot – 20 September 2023

Key PP and LLDPE contracts on the Dalian Commodity Exchange ended the morning session in the red, shrugging off the stable benchmark rates set by the PBOC.
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20 Sep 2023

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20 September 2023 - Shenhua's coal-based PP and PE Auction Results

Even though Shenhua allocated smaller PP and PE allocations to the auction session, the deals concluded were still disappointing.
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19 Sep 2023

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Taiwanese major surprises the market with fresh reductions on October PVC offers.

Apparently, the recent uptick in sentiment in the local China market following a series of stimuli from the government to support the housing market here failed to elevate the regional fundamentals.
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19 Sep 2023

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China Morning Snapshot – 19 September 2023

Key PP and LLDPE contracts on the Dalian Commodity Exchange ended the morning session with sharp increases, driven mainly by the rally in crude oil and coal prices.
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