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News Insight & Analysis

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Chinese LDPE market hit multi-year lows on weak demand, comfortable supply
24 Apr 2023 For the first time since late July 2020, the average import LDPE film offers based on CFR China terms breaches below the $1000/ton threshold this week, data from CommoPlast showed.
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24 Apr 2023

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China Morning Snapshot – 24 April 2023

Despite the soft futures market, major domestic producers maintain a firm stance on spot PP and PE offers claiming the lack of inventory pressure.
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24 Apr 2023

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

Adding to the reluctant stance among buyers is the dwindling Dalian Commodity Exchange. Sources said that the softening trend might persist as the market embraces the Labour Day holiday.
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21 Apr 2023

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China Morning Snapshot – 21 April 2023

The agricultural film season in the Northern region is ending, but the lack of ready stocks continues to keep offers for this grade on a firm note.
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21 Apr 2023

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

The continuous upward price adjustment over the past several days pushed buyers away due to concerns over rising price risks.
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20 Apr 2023

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Malaysian PVC market tracks stable to softer trend ahead of May price announcement

With the long holiday coming, buyers refrain from proceeding with new purchases unless suppliers are willing to meet the buy ideas. More market movements might emerge in the coming week as more sellers open new price lists.
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19 Apr 2023

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China Morning Snapshot – 19 April 2023

While domestic suppliers maintain spot PP and PE offers on the stable to firmer track to reflect the bullish Dalian Commodity Exchange, Chinese buyers increasingly shy away from the market
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19 Apr 2023

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

Trading activities on the Shenhua auction platform remain relatively satisfactory by mid of the week despite the CNY20/ton higher on both homo-PP and LLDPE cargoes.
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