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News Insight & Analysis

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China Morning Snapshot – 18 May 2022
18 May 2022 Attempts to keep spot PP and PE prices firm ended in vain as buyers refrain from making large purchases regardless of the reopening.
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17 May 2022

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[FREE] 17 May 2022 - Shenhua's coal-based PP and PE Auction Results

Chinese buyers portrayed a high level of enthusiasm after signs that the COVID-19 outbreak is under control in key region and Shanghai is set to reopen on 1 June.
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17 May 2022

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Key Indonesian producer slashes local PP, PE offers to keep up with imports

In spite of the large cuts, Indonesian customers remain uninterested in the price list because of the substantial gap with the import market.
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17 May 2022

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China Morning Snapshot – 17 May 2022

While real purchasing activities remain below expectations, the general market sentiment improved sharply as the Shanghai municipal government introduces a series of easing lockdown measures
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16 May 2022

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[FREE] 16 May 2022 - Shenhua's coal-based PP and PE Auction Results

Trading sentiment revived sharply following news that Shanghai would re-open starting 1 June, which would boost local consumption.
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16 May 2022

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Price List: China’s Zhongjing introduces additional reductions on export offers

Data from CommoPlast showed that export homo-PP yarn offers from China has reached 2022’s all-time low this week and market players started to ask the question if the market is bottoming out amid the easing lockdown measures in China.
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16 May 2022 PPH Raf

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Chinese players: Stabilizing local market leaves limited room for export price cuts

The development left a very narrow gap between the local and export ground, which means it might not be profitable for Chinese sellers to export if the current condition persists.
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16 May 2022 SPVC k67-68 SPVC (A) k67-68

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Chinese PVC suppliers focus on export as COVID-19 lockdowns bite local demand

The domestic PVC market in China is now in its fifth week of decline as the COVID-19 containment measures disrupted construction activities and send the Dalian Commodity Exchange into a bear market.
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