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News Insight & Analysis

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Taiwanese major lifted February PVC offers in Asia
04 Jan 2023 Buyers across the region reported that the producer does not offer any quantity discount this month citing the small allocation available.
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04 Jan 2023

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China Morning Snapshot - 04 January 2023

Suppliers promptly down-adjusted spot homo-PP offers to reflect the weaker Dalian Commodity Exchange, underlining the importance of keeping spot prices lower than futures contracts
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04 Jan 2023

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4 January 2023 - Shenhua's coal-based PP and PE Auction Results

The number of transactions on the Shenhua auction platform fell sharply on the second trading day of the week, particularly for LLDPE cargoes as the producer attempted to lift deal prices after achieving strong sales results in the previous session.
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03 Jan 2023

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Indonesian producer kept PP, PE offers unchanged amid thin trade

The price decision is deemed cautious as the maker prefers to wait for more movements in the coming days.
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03 Jan 2023

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China Morning Snapshot - 03 January 2023

Traders with high levels of on-hand stocks attempted to deplete more cargoes before buyers taking off amass for Lunar New Year starting 10 January.
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03 Jan 2023

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03 January 2022 - Shenhua's coal-based PP and PE Auction Results

A number of small-scale manufacturers have already taken off since late December, while more are suspending productions starting 10 January.
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29 Dec 2022

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Saudi Aramco cut propane prices to Asia, ending two months of gaining streak

Weak demand from other downstream sectors coupled with seemingly comfortable supply in the US is attributed to the price decision.
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29 Dec 2022

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China Morning Snapshot - 29 December 2022

This is the second time in 2022 the total stock fell below the 500,000 tons mark. The last time the inventories at Sinopec and CNPC’s warehouses were this depleted was on 21 January 2022.
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