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News Insight & Analysis

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Local PE market in Indonesia rose sharply as supply tightens
23 Sep 2021 Several Indonesian customers elected to switch to recycled LLDPE cargoes to minimize the costs, which quickly drove recycled materials prices higher.
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23 Sep 2021 SPVC k67-68 SPVC (A) k67-68

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Chinese PVC market hit historical highs on strict energy consumption controls

The domestic PVC market in China registered another week of sharp gains on heavy speculations of tightening supply outlook, hitting the historically high levels for both ethylene and carbide-based cargoes.
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22 Sep 2021

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[FREE] China Morning Snapshot – 22 September 2021

Key contracts for January 2022 delivery open the first trading day of the week on a firm note but plunged into negative territory by the end of the session
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22 Sep 2021

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[FREE] 22 September 2021: Auction sales result for Shenhua's coal-based PP and PE

Chinese bidders seem enthusiastic on the first trading day after the Mid-Autumn Festival, accepting homo-PP cargoes at higher price levels compared to the pre-holiday period.
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22 Sep 2021

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Statistics: China’s petchem import arrivals extended gains in August

Meanwhile, import homo-PP alone showed modest improvement from the previous month, however, market players are not confident about the sustainability of this trend considering the growing local supply.
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22 Sep 2021

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Saudi producer cuts October LLDPE film offers to China on the bleak outlook

The large cut on LLDPE film in spite of the lack of availability is attributed to the weak demand outlook in China amid the intensifying energy consumption control.
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22 Sep 2021

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Chinese buyers return to the market with a cautious stance as Dual Control hurts outlook

Local sellers are becoming more concerned over the pre-Golden Week replenishment activities given the rising number of manufacturers taking offline following the strict energy consumption controls.
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21 Sep 2021

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Saudi producer rollover October PE offer to Vietnam

This is the second month in a row the producer suffered from reduced production outputs, and as a result, two of the most common LLDPE film grades are not available.
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