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News Insight & Analysis

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China Morning Snapshot – 29 August 2022
29 Aug 2022 Chinese traders find it challenging to implement any real increases on spot PP and PE cargoes despite the depreciation of the Chinese Yuan against the US dollar.
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26 Aug 2022

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[FREE] 26 August 2022 - Shenhua's coal-based PP and PE Auction Results

Transactions on the Shenhua auction platform improved slightly on the final trading day of the week, however, it is clear that Chinese bidders remain conservative about making large purchases
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26 Aug 2022

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China Morning Snapshot – 26 August 2022

Key contracts for January 2023 delivery continue to advance on the final trading day of the week following the government’s announcement on the additional stimulus package to boost growth.
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25 Aug 2022

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[FREE] 25 August 2022 - Shenhua's coal-based PP and PE Auction Results

Shenhua attempted to increase the deal prices slightly by CNY20/ton from the previous session, however, market participants do not see major support for any strong rebound in the near-term.
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25 Aug 2022

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China Morning Snapshot – 25 August 2022

Major contracts on Dalian Commodity Exchange remained in the positive territory by the end of the morning session after the government pledged more support to boost the economy.
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24 Aug 2022

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[FREE] 24 August 2022 - Shenhua's coal-based PP and PE Auction Results

Trading sentiment remains dwindling on the Shenhua auction platform and the producer continues to allocate more quantity to this trading platform to compensate for the weak spot market.
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24 Aug 2022

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Overseas suppliers cut import homo-PP offers to Indonesia as pressure mounts

On the other hand, a dozen of Asian PP plants has been cutting operating rates, some even totally shut down to counterbalance the persistently weak demand condition and thin profit margins.
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24 Aug 2022

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Malaysian PE plunged three digits in Indonesia, PP largely unchanged

The maker is among a dozen of other PP plants across Asia, which have slashed run rates in an attempt to protect the bottom lines and balance the persistently sluggish demand conditions.
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