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China Morning Snapshot – 22 August 2023
22 Aug 2023 While small transactions are still taking place, many buyers prefer to adopt a more conservative stance, especially toward LLDPE film cargoes citing the influx of previously purchased cargoes.
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22 Aug 2023

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

Though the number of deals dropped slightly from the previous session, results are satisfactory considering the latest hikes.
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21 Aug 2023

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Saudi Arabia producer announced September PE offers to Asia with increases.

Sources said that the arrival of previously purchased LLDPE film cargoes, particularly from the US, has somewhat eased the supply tightness in the local market and anchored the price advancement of this grade.
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21 Aug 2023

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Price List: Zhongjing raises export PP prices on rising futures market.

The most traded PP contracts for January 2024 delivery rose sharply on the first trading day of the week on renewed optimism over fresh rounds of economic stimulus from the government
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21 Aug 2023

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Indonesian PP, PE market galloped higher on cost-push; demand remained timid.

Sources said that while the local PE offers are carrying a large premium over import cargoes, the recent rally in spot homo-PP prices led to a much smaller gap with the US dollar-dominated parcels.
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21 Aug 2023

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China Morning Snapshot – 21 August 2023

Investors reckon the futures market may continue its upward momentum for the time being, ignited by the recent news that the Chinese government is dialing in more policy support to boost the economic proceedings.
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21 Aug 2023

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

A series of events including reduced production outputs among local plants for certain grades coupled with potential delay in imported cargoes seemed to play their hands in the market movement at the start of the week.
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18 Aug 2023

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Local LDPE film market at five-month highs in China on tight availability

Tight supply stemming from months of lacking restocking from the import market coupled with the recent shutdown at several Asian and Chinese plants support the upswing.
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