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News Insight & Analysis

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Local producer kept spot PP, PE offers stable to soft in Indonesia on weak demand
20 Mar 2023 In the PP sector, the producer maintained a significant premium over the import market, which players deemed unreasonable and would only push buyers to overseas cargoes.
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20 Mar 2023

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China Morning Snapshot – 20 March 2023

Following satisfactory sales results last Friday, domestic suppliers attempted to introduce minor increases on both PP and PE cargoes to reflect the reduced inventory pressure.
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20 Mar 2023

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20 March 2023 - Shenhua's coal-based PP and PE Auction Results

The dwindling Dalian Commodity Exchange discourages arbitrage traders from off-taking additional quantities from the coal-based auction platform while converters continue to source hand-to-mouth to avoid price risks.
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16 Mar 2023

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Qatari producer introduces additional decreases on import PE offers to China

As both Thailand and Indonesian suppliers actively make adjustments to attract deals, Chinese buyers insist on their buy idea for this grade at well below the $1000/ton mark.
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16 Mar 2023

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China Morning Snapshot – 16 March 2023

Local suppliers reluctantly step back on their spot PP and PE offers as a result of the steep plunge in the futures markets,
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16 Mar 2023

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16 March 2023 - Shenhua's coal-based PP and PE Auction Results

Trading activities on the Shenhua auction platform were severely impacted by the plunging key futures contracts on Dalian Commodity Exchange this morning.
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15 Mar 2023

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Thailand’s PE tracks a stable to softer trend in China

There have been reports that the producer managed to conclude deals for about 1000 tons of LLDPE film at the time of this publication without any discounts.
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15 Mar 2023

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China Morning Snapshot – 15 March 2023

Customers continue to hold a cautious stance, fearing the market has not seen the worst, just yet.
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