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News Insight & Analysis

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China Morning Snapshot – 31 August 2022
31 Aug 2022 Local producers have suspended all spot offerings for the month-end closing. In the meantime, traders reported mediocre buying interest in the distribution market.
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30 Aug 2022

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[FREE] 30 August 2022 - Shenhua's coal-based PP and PE Auction Results

Approaching the final trading day of the month, Shenhua still allocates a good quantity to auction – an indication that the producer is unable to sell elsewhere.
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30 Aug 2022

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Saudi Aramco continues to cut September propane price to Asia

State own oil and gas giant – Saudi Aramco has opened September propane contract prices to Asia with additional reductions from August. This is the fifth month on a row the producer cutting offer
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30 Aug 2022

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China Morning Snapshot – 30 August 2022

The market once again facing pressure from a confluence of factors, from the widespread COVID-19 outbreak to electricity rationing, and the weakening economic outlook.
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29 Aug 2022

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[FREE] 29 August 2022 - Shenhua's coal-based PP and PE Auction Results

There have not been any major changes in trading sentiment on the Shenhua Auction Platform. Toward the end of the month, the producer continues to have a high number of cargoes, signalling the weak demand condition.
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29 Aug 2022

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Statistics: China’s PE import arrival held steady in July, PP saw positive growth

The latest data from the Chinese Customs Department showed positive growth in PP import arrival of 3.5% in July compared to June while there were no changes in the PE sector.
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29 Aug 2022

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Price List: Zhongjing Petrochemical opens export PP offers with reductions

The initial responses are weak, however, with import offers to Vietnam tracking the firming trend, there might be a chance that buyers would show better acceptability moving forward.
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29 Aug 2022

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Local producer continued to keep PP, PE offers stable amid thin demand

A major local producer in Indonesia has decided to keep spot PP and PE offers unchanged for the second week in a row amid the persistently sluggish demand conditions.
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