Statistics: Import PP, PE arrivals to China nosedived in April on lockdown

20 May 2022 While the 27.5% dropped in PE import arrival rung an alarm sound on the market, players were not surprised at the fall in PP imports as China has established its net exporter status.

20 May 2022

Saudi maker cuts PE offers to China as buyers shy from new purchases

The Yuan has depreciated about 6.4% against the US dollar over the past month, making it more expensive to purchase US dollar nominated cargoes, especially when the local market shows little sign of improvement.

20 May 2022

China Morning Snapshot – 20 May 2022

While offering negotiation space to customers, key local producers also weigh the option of further production rate cuts to counterbalance the persistently sluggish demand condition.

19 May 2022

[FREE] 19 May 2022 - Shenhua's coal-based PP and PE Auction Results

Trading sentiment improved slightly from the previous trading day, particularly for PP, however, Chinese bidders continue to show limited interest in the LLDPE cargoes.

19 May 2022 PPH Inj PPH Raf

Import homo-PP might have reached the bottom in Vietnam as buyers actively making replenishment

Players are betting forward following news of China easing lockdown measures in Shanghai, which expectedly, would stimulate the demand and facilitate a rebound.

19 May 2022

China Morning Snapshot – 19 May 2022

The easing Shanghai lockdown has not lifted the trading sentiment as much as sellers have hoped, leading to expectations that further price reductions might be possible in the immediate term.

18 May 2022

[FREE] 18 May 2022: Shenhua's coal-based PP and PE Auction Results

For the third consecutive day, Shenhua keeps deals prices for both PP and PE largely unchanged

18 May 2022

Taiwanese PVC maker announces June offers with surprisingly large reductions

It is not surprising that a key Taiwanese producer opens June shipment offers for PVC with reductions considering the soft demand condition and the growing competition from Chinese cargoes.

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