Chinese PVC market: Stable offers with thinner transactions

29 Nov 2023 According to market sources, buyers here managed to ‘catch the bottom’ and now prefer to wait on the sideline amid the uncertain demand outlook.

29 Nov 2023

China Morning Snapshot – 29 November 2023

However, confidence in the near-term outlook is tepid, with some expecting prices to potentially require further discounts to stimulate the next round of purchases.

29 Nov 2023

29 November 2023 - Shenhua's coal-based PP and PE Auction Results

Purchasing activities on the Shenhua auction platform remain satisfactory toward the month-end as the coal-based producer conceded to another CNY20-30/ton discount from the previous session to facilitate transactions

28 Nov 2023 PPH Raf

Indonesian trading house buck the trend to lift local homo-PP yarn offers

Indeed, Indonesian woven bag manufacturers have repeatedly complained about the persistently sluggish finished goods market over the past couple of months

28 Nov 2023

China Morning Snapshot – 28 November 2023

Sources believe that with the month-end closing fast approaching, both Sinopec and CNPC might be able to deplete the inventories to below the 600,000 tons threshold.

28 Nov 2023

28 November 2023 - Shenhua's coal-based PP and PE Auction Results

Auction sales for both PP and PE were comparatively weaker than yesterday, with PPH auction prices down by CNY10/ton and LL down by CNY50/ton.

27 Nov 2023

Price List: Zhongjing cuts PP export prices due to weakened DCE and softer crude prices

Zhongjing Petrochemical has been operating at 50% capacity for several weeks, producing only homo-PP yarn and BOPP

27 Nov 2023

Indonesian producer rollover PP, PE offers to domestic market amid heightened competition

A persistently weak demand condition coupled with the cutthroat competition from the import market and the local distribution front eroded any effort from the maker to introduce fresh increases at the moment.

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