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News Insight & Analysis

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Domestic PP, PE market enters stabilization in Indonesia after weeks on climbing
22 Aug 2022 Market sources said that the stabilized price list is a result of building resistance from buyers and the renewed softening trend in the nearby China market.
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22 Aug 2022

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China Morning Snapshot – 22 August 2022

The Chinese government is escalating the efforts to rescue the economy by providing cash vouchers, cutting taxes for companies, and reducing interest rates. The futures and stock markets gain traction following the news.
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18 Aug 2022

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[FREE] 18 August 2022 - Shenhua's coal-based PP and PE Auction Results

As Shenhua agreed to another CNY50/ton discount on both homo-PP and LLDPE cargoes, buyers are more willing to make replenishment toward the end of the week.
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18 Aug 2022

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China Morning Snapshot – 18 August 2022

While the Dalian Commodity Exchange starts to respond to the government’s efforts to boost domestic consumption, the spot market remains very much dormant.
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17 Aug 2022

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[FREE] 17 August 2022 - Shenhua's coal-based PP and PE Auction Results

For the third session in a row, Chinese bidders prefer to wait on the sidelines leading to a persistently disappointing auction result for Shenhua’s coal-based cargoes.
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17 Aug 2022

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Qatari maker steps back on import PE offers to China as demand wanes

CommoPlast has been reporting a weakening trading sentiment in the domestic China market over the past week as a result of the electricity shortages that force the manufacturing sector in Zhejiang and Sichuan to reduce operating rates.
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17 Aug 2022

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China Morning Snapshot – 17 August 2022

Following a set of weak economic data, the market continues to face downward pressure as the electricity shortage forces the manufacturing sector to cut operating rates substantially.
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16 Aug 2022

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[FREE] 16 August 2022 - Shenhua's coal-based PP and PE Auction Results

Chinese bidders remain on the sideline following the nosedive on the Dalian Commodity Exchange. Apparently, the CNY200/ton discount on LLDPE still failed to attract any buying interest.
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