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News Insight & Analysis

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South Korean homo-PP once again dives below $1200/ton threshold in Vietnam
27 Jun 2022 The initial responses from Vietnamese buyers are not great, given the fact that most buyers are covered from their previous purchases.
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27 Jun 2022

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Local PP, PE market extended firming trend in Indonesia, except mPE

On the other hand, the demand condition has not changed. As reported earlier, many manufacturers have replenished comfortably for the next couple of months, hence, prefer to wait on the sideline to monitor further development.
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27 Jun 2022

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China Morning Snapshot – 27 June 2022

While PP continues to attract buying attention, demand for LLDPE film remains slothful, market sources reported.
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24 Jun 2022

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

There have not been any major changes in the purchasing pattern among Chinese bidders on the final trading day of the week as deals for homo-PP remain strong while interest in LLDPE is rather disappointing.
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24 Jun 2022

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China Morning Snapshot – 24 June 2022

In spite of the fact that the local market continues to decline, Chinese traders seem less distressed than the previous day after managed to deplete some stocks on hand.
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23 Jun 2022

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[FREE] 23 June 2022 - Shenhua's coal-based PP and PE Auction Results

On the other hand, Chinese buyers quickly scoop up all HDPE quantity available while reluctant to off-take LLDPE – a development has also been observed in the spot market.
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23 Jun 2022

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Southeast Asian PVC suppliers aggressively cut July offers to Malaysia

The general expectation at the moment is that the Southeast Asian PVC market would only rebound if China managed to rise above the Zero-Covid policies unscathed, which is less likely, given the growing risk of a recession.
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23 Jun 2022

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China Morning Snapshot – 23 June 2022

The domestic spot market extended the weakening trend and customers, who have made purchases over the past couple of days prefer to slow down to complete the paperwork and delivery before taking in additional quantities.
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