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News Insight & Analysis

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Import PE offers to China gallop lower amid mediocre trading sentiment
29 Dec 2021 Both local and import markets have been facing a tough time registering any strong gains over the past month. Buyers immediately withdraw to the sideline at the very first signs of higher offers, not even willing to negotiate.
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29 Dec 2021

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China Morning Snapshot – 29 December 2021

There have been reports that local producers are slowly winding down the sales process in order to close the year-end sales. It is expected that the market would kickstart the new year on a strong note.
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28 Dec 2021

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[FREE] Price List: China’s Zhongjing further down-adjusted export offers

Buyers across Southeast Asia remain indifferent about the new offers citing the more competitive cargoes from South Korean suppliers.
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28 Dec 2021

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[FREE] 28 December 2021 - Shenhua's coal-based PP and PE Auction Results

Shenhua continues to allocate a good number of cargoes to the auction session, pushing deal prices further down from the previous session.
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28 Dec 2021 ABS Inj (Natural)

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Taiwanese ABS dropped sharply in Vietnam

Buyers expect the current downtrend to persist until after the Lunar New Year when demand from the home appliance sector pick up ahead of the summer season.
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28 Dec 2021

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China Morning Snapshot – 28 December 2021

The market remains concerned over the strict lockdown measures implemented by the government to curb the COVID-19 spread, yet suppliers are not so much worried about the price trend claiming the lack of inventory pressure.
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27 Dec 2021

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[FREE] 27 December 2021 - Shenhua's coal-based PP and PE Auction Results

In a positive development, Shenhua started to allocate more quantities to the auction session, which could be one of the reasons that encourage the producer to lower homo-PP prices below the CNY8000/ton mark.
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27 Dec 2021

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Statistics: China’s petchem import arrival rebounded in November

While the number appears strong month-on-month basis, compared to the same period last year, the total PE import arrivals fell 27.7% while PP dropped 22.5%
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