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China Morning Snapshot – 07 August 2023
07 Aug 2023 Producers continue to face upward pressure from rising upstream costs and without maintaining a firm stance on the prices, loss making might ensue.
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07 Aug 2023

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

Sources said the producer targeted concerns over the growing local supply while real demand has not caught up with the recent rally in raw material costs.
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04 Aug 2023

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Southeast Asian homo-PP surged above $1000/ton in Indonesia on supply tightness

At least two major Southeast Asian producers have lifted import homo-PP yarn offers to Indonesia above the $1000/ton threshold this week, paving the way for other suppliers to implement similar pricing decisions in the coming week.
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04 Aug 2023

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South Korean producer maintains firm stance on August HDPE offers to SEA.

The Asian HDPE market has been witnessing severe supply tightness for several weeks in a row due to lack of availability from key suppliers from Saudi Arabia and Thailand.
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04 Aug 2023

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Indonesian PVC producer raises August offers amid tighter supply.

A key Indonesian PVC producer reportedly announced August delivery offers with a sharp markup from the previous month, mimicking the firming trend in the regional market
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04 Aug 2023

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China Morning Snapshot – 04 August 2023

“There have been heated discussions regarding the government’s intensifying effort to crack down on some opaque commodity transactions, which raise concerns over the trading volume on the Dalian Commodity Exchange," said a trader
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04 Aug 2023

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

Supporting sales also were the CNY20/ton reduction for both grades which invited buyers back into the market to make some purchases with prices being more competitive than those in the domestic market.
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03 Aug 2023

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China Morning Snapshot – 03 August 2023

However, players pointed to the possibility that the recent rally in the PP sector might need to take a breather since resistance from the market is now overwhelming.
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