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News Insight & Analysis

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Malaysian producer continued slashing PE offers to Vietnam
12 Jul 2023 While negotiations are still ongoing for LDPE cargoes, Vietnamese customers have accepted HDPE yarn parcels at no additional discount from the initial offers.
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12 Jul 2023 PET Bottle

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Import PET bottle market gallops higher in Indonesia, buyers return to competitive local cargoes

This market is not the only sector that started regaining strength this week. Other petrochemical segments such as polyethylene (PE) and polypropylene (PP) are inching higher on better near-term demand prospects
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12 Jul 2023

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China Morning Snapshot – 12 July 2023

With surging futures contracts on Dalian Commodity Exchange, Chinese producers are not shy from implementing additional increases on spot PP and PE cargoes.
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12 Jul 2023

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12 July 2023 - Shenhua's coal-based PP and PE Auction Results

Trading activities on the Shenhua auction platform continued to witness leveraged sales with both homo-PP and LLDPE securing full deals supported by the limited auction volume
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11 Jul 2023

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Statistics: China’s PP, PE import arrival recovered in May, but down year-on-year

Higher import arrival coupled with rising local production outputs led to a bloated domestic market throughout the month, which in turn, weighed heavily on both PP and PE prices.
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11 Jul 2023

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China Morning Snapshot – 11 July 2023

Most traded PP and LLDPE contracts on Dalian Commodity Exchange rallied throughout the morning session on optimism that the government might extend economic support measures
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11 Jul 2023

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Asian suppliers lifted homo-PP offers to Indonesia; buyers remained conservative

Nevertheless, market players believed that the recent downswing has reached the cyclical bottom and the absence of sales pressure would encourage sellers to maintain a firm stance on the prices.
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11 Jul 2023

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11 July 2023 - Shenhua's coal-based PP and PE Auction Results

Still, Shenhua facilitated demand by offering discounts of CNY20/ton on homo-PP and CNY80/ton on LLDPE cargoes
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