China Morning Snapshot – 12 June 2023

12 Jun 2023 Purchasing activities are subdued throughout the early hours of the day even with homo-PP breaching below the CNY7000/ton threshold again.

12 Jun 2023

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

Trading activities on the Shenhua auction platform remain relatively steady on the first day of the week as the producer agreed to CNY40-50/ton discount from the previous session.

07 Jun 2023

China Morning Snapshot – 07 June 2023

Even though the futures market fails to retain the firmness observed in the previous days, the reduced inventory pressure allows suppliers to keep spot PP and PE prices relatively firm.

07 Jun 2023

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

As the rebound on Dalian Commodity Exchange losing its momentum, market players continue to shy away from making purchases on the Shenhua auction platform.

06 Jun 2023

China Morning Snapshot – 06 June 2023

Regardless of the minor rebound on the Dalian Commodity Exchange, local suppliers keep spot PP and PE offers on the stable to softer trend, which seems to encourage some need-based purchases.

06 Jun 2023

06 June 2023 - Shenhua's coal-based PP and PE Auction Results

Transactions for LLDPE picked up from the previous session, however, market participants are not impressed considering the substantially reduced auction volume.

05 Jun 2023

Price List: China’s Zhongjing continues to reduce export PP offers

The price decision comes despite a series of bullish economic data announced over the weekend, including the targeted stimulus packages the Chinese authorities promised.

05 Jun 2023

Local PP, PE market in Indonesia gallops lower as sluggish demand persists

The producer has been cutting offers for five consecutive weeks to facilitate transactions, and still, the reductions observed in the import ground and in the distribution market seem to outpace the maker’s effort.

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