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News Insight & Analysis

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China Morning Snapshot – 03 August 2022
03 Aug 2022 The entire market is doused in concerns over the intensifying geopolitical tension with Taiwan, which could affect the semiconductor chip supply, and subsequently affect the already dwindling related downstream markets.
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02 Aug 2022

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[FREE] 2 August 2022 - Shenhua's coal-based PP and PE Auction Results

The number of transactions on the Shenhua auction platform remains healthy on the second trading day of the week, however, there are signs of change in buying pattern.
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02 Aug 2022

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Statistics: Import PE arrival to China revived in June, PP slid

For the first time in two months, import PE arrival to China surged above 1 million tons as demand improved slightly following the easing of COVID-19 containment measures.
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02 Aug 2022 PPH Inj PPH Raf

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Import PP market in China stabilizes, but sustainability in question

Import PP offers to China started to show signs of stabilization after months of tracking the downtrend as international suppliers are now free from sales pressure after slashing prices substantially last week to move quantities.
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02 Aug 2022

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China Morning Snapshot – 02 August 2022

Chinese customers prefer to source small quantities from the domestic market after spot PP and PE offers softened slightly from the previous session while end-product businesses remain dwindling.
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01 Aug 2022

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[FREE] 1 August 2022 - Shenhua's coal-based PP and PE Auction Results

The number of transactions on the Shenhua auction platform remain surprisingly strong on the first trading day of the week after a private poll showed China’s manufacturing activities grew in a slower pace in July.
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01 Aug 2022

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Saudi Aramco opens August propane prices with additional decreases

Saudi Aramco has opened August propane prices to Asia with additional decreases, marking the 4th consecutive month of decline on soft demand condition.
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01 Aug 2022

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Local PP, PE offers in Indonesia continue slide as buyers stay on the sideline

Trading activities show no signs of improvement on the first trading day of the week. Indonesian buyers continue to adopt a wait-and-see stance, believing that the market still has room for further reductions ahead.
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