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News Insight & Analysis

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Indonesian maker lifted local PP prices as PE remains on the downtrend
06 Jun 2022 A major Indonesian producer has surprisingly opened new price list on Saturday, 4 June 2022 with increases in PP cargoes, reflecting the rebound in the import market. Meanwhile, spot PE offers remain on the softening track.
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06 Jun 2022

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China Morning Snapshot – 06 June 2022

Since the Chinese government announced the plan to reopen Shanghai, the futures market frustratingly struggles to register any breakthrough increases.
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02 Jun 2022

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[FREE] 2 June 2022 - Shenhua's coal-based PP and PE Auction Results

The number of transactions on the Shenhua auction platform fell from the previous day, partly due to the long weekend holiday ahead.
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02 Jun 2022

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China Morning Snapshot – 02 June 2022

The flare up of infection cases in Shanghai prompted spot lockdown in certain areas is becoming a concern for market participants.
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01 Jun 2022

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[FREE] 1 June 2022 - Shenhua's coal-based PP and PE Auction Results

Chinese buyers are more optimistic about the near term demand outlook, which help to boost purchasing activities in recent days.
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01 Jun 2022

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Price List: China’s Zhongjing lifted export offers twice this week

Zhongjing Petrochemical is not the only Chinese supplier lifting export offers this week. Many other Chinese suppliers are not even interested in offering to the export market, citing the cutthroat competition from South Korean cargoes.
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01 Jun 2022

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Local and export homo-PP market in China rebounded after hitting 2022’s lows

The improving local demand outlook emerges as cavalry to the shutting export opportunity window. Over the past couple of weeks, Chinese homo-PP has been losing out in key markets including Southeast Asia and Latin America in the presence of the callous South Korean cargoes.
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01 Jun 2022

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China Morning Snapshot – 01 June 2022

Chinese suppliers implemented additional increases on spot PP and PE offers purely based on the upbeat market expectations of a better demand outlook ahead.
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