Import homo-PP rebounded in Vietnam; sustainability remains in question

06 Apr 2023 Prior to the rebound, Vietnamese and Asian buyers have been relatively bullish about the demand prospect in May citing the recovering Chinese economy.

06 Apr 2023

China Morning Snapshot – 06 April 2023

Except for LLDPE film, traders here witness mediocre purchasing activities for all other grades, a sign that buyers are not attracted to the current prices.

06 Apr 2023

06 April 2023 - Shenhua's coal-based PP and PE Auction Results

Shenhua auction resumes trading following the brief holiday on a strong note after the producer agreed to discounts of CNY70/ton on homo-PP and CNY30/ton on LLDPE cargoes.

05 Apr 2023

Local producer cuts April PVC offers in Indonesia, halting three-month hiking streak

Apparently, Indonesian buyers remain unfazed by the latest offers partly because of the persistently sluggish finished goods businesses and the lingering expectations that the market might soften further.

04 Apr 2023

China Morning Snapshot – 04 April 2023

Investors shrugged off the 6% rise in crude oil prices to focus on the heightening inflationary pressure that could impact the demand.

04 Apr 2023

04 April 2023 - Shenhua's coal-based PP and PE Auction Results

Following a strong auction session the previous day, Shenhua decided to lift deal prices for both homo-PP and LLDPE by CNY80-90/ton, which yield different responses.

03 Apr 2023

Saudi Aramco cut April propane prices to Asia as weak demand persists

The price provides a benchmark against which Middle East sales of liquefied petroleum gas (LPG) to Asia are priced.

03 Apr 2023

Price List: Zhongjing Petrochemical lifted export PP offers on rising oil prices

The latest rebound shows just how sensitive the market is to the slightest sign of a bullish development regardless of the real demand conditions.

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