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China Morning Snapshot – 05 July 2023
05 Jul 2023 On the other hand, market participants in the Southern China region reported an uptick in inquiries for LLDPE film cargoes – an inevitable result of a prolonged period of lacking restocking.
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05 Jul 2023

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05 July 2023 - Shenhua's coal-based PP and PE Auction Results

Trading sentiment on the Shenhua auction platform improved sharply from the previous session, particularly for coal-based homo-PP cargoes after the producer agreed to CNY10/ton discount.
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03 Jul 2023

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Price List: Zhongjing Petrochemical keeps export PP offers stable on the first week of July

Key Chinese PP producer Zhongjing Petrochemical opened export PP offers for the first week of July stable from last week to size up market response despite the continued depreciating Yuan against the US dollar
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03 Jul 2023

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Indonesian producer rollovered PP, PE offers after strong sales results

The latest offers somewhat surprised the market, however, there have been discussions that a weak global economic outlook might have overshadowed sellers’ confidence.
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03 Jul 2023

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China Morning Snapshot – 03 July 2023

Several traders told CommoPlast about the soft finished goods market, reflecting in the lack of new PO among export-oriented converters.
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03 Jul 2023

insight

03 July 2023 - Shenhua's coal-based PP and PE Auction Results

Trading activities on the Shenhua auction platform dipped for homo-PP with a majority of the sales being need-basis despite a significant drop of CNY90/ton from last week.
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30 Jun 2023

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Local PP, PE market rebounded in Indonesia on strong pre-holiday replenishment, tighter spot availability

As reported earlier, Indonesia is among the few markets in Asia that has been witnessing relative stable demand for PE over the past months while the entire region suffers from timid buying interest due to a slowdown in global consumption.
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30 Jun 2023

insight

China Morning Snapshot – 30 June 2023

Sources said that the conservative price decision aim to keep buyers in the market since the finished goods demand has not improved significantly.
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