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News Insight & Analysis

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China Morning Snapshot – 22 March 2023
22 Mar 2023 Traders reported having concluded a good number of transactions for spot LLDPE film in the Northern China region, which encouraged them to actively seek competitive parcels from the import ground.
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22 Mar 2023

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

Compared to the previous session, the number of deals concluded on the Shenhua auction platform dropped visibly even though the producer reduced final prices by CNY50-70/ton.
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21 Mar 2023

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China Morning Snapshot – 21 March 2023

In the domestic spot market, demand for LLDPE film continues to trail ahead of other grades thanks to the support from the low availability and expectedly reduced import arrivals moving forwards.
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21 Mar 2023

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

Purchasing activities on the Shenhua auction platform surprisingly pick up on the second trading day of the week as bidders shrugged off the still dwindling futures market to focus on the latest report
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20 Mar 2023

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Qatari PE inched lower in China; buy ideas are well below that $1000/ton mark

For a major Qatari producer, this is the fifth week in a row new offer to China have been down-adjusted.
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20 Mar 2023

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Price List: Zhongjing down-adjusts export PP offers amid stubbornly sluggish market

A source close to the producer said that although purchasing activities in the local market picked up late last week, buying sentiment was not strong enough to help all sellers to deplete the on-hand stocks.
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20 Mar 2023

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Local producer kept spot PP, PE offers stable to soft in Indonesia on weak demand

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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