Indonesian PP, PE market galloped higher on cost-push; demand remained timid.

21 Aug 2023 Sources said that while the local PE offers are carrying a large premium over import cargoes, the recent rally in spot homo-PP prices led to a much smaller gap with the US dollar-dominated parcels.

21 Aug 2023

China Morning Snapshot – 21 August 2023

Investors reckon the futures market may continue its upward momentum for the time being, ignited by the recent news that the Chinese government is dialing in more policy support to boost the economic proceedings.

21 Aug 2023

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

A series of events including reduced production outputs among local plants for certain grades coupled with potential delay in imported cargoes seemed to play their hands in the market movement at the start of the week.

18 Aug 2023

Local LDPE film market at five-month highs in China on tight availability

Tight supply stemming from months of lacking restocking from the import market coupled with the recent shutdown at several Asian and Chinese plants support the upswing.

17 Aug 2023

China Morning Snapshot – 17 August 2023

Producers decided to maintain PP and PE offers changed citing the depreciating Yuan while production costs outlook shows no signs of easing.

17 Aug 2023

17 August 2023 - Shenhua's coal-based PP and PE Auction Results

The Shenhua auction platform continued to perform up to par as both homo-PP and LLDPE offers were kept stable from the previous session.

16 Aug 2023

Malaysian producer lifted September LDPE offers drastically in Vietnam.

The latest offers from a key Malaysian producer jumped three digits in value compared to the previous month, though many customers claimed to have replenished comfortably

16 Aug 2023

China Morning Snapshot – 16 August 2023

Domestic suppliers shrugged off the weak economic data and dwindling futures market to lift spot PP offers by CNY50/ton from the previous session.

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