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China Morning Snapshot – 25 November 2022
25 Nov 2022 Regardless of the renewed lockdown in Beijing, investors focus on the government’s latest effort to support growth. More commercial banks also pledge more credit lines to property developers, which could ease the housing market turmoil.
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25 Nov 2022

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25 November 2022 - Shenhua's coal-based PP and PE Auction Results

While purchasing interest remains relatively strong on the final trading day of the week, the renew lockdown in Beijing severely hit the market confidence.
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24 Nov 2022

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Chinese buyers returned to buy LLDPE film as the futures market rose sharply

Following a couple of days of dwindling trading sentiment, the import LLDPE film market picks up drastically toward the end of the week thanks to the sharp rebound on Dalian Commodity Exchange.
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24 Nov 2022

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China Morning Snapshot – 24 November 2022

Major PP and LLDPE contracts on Dalian Commodity Exchange ended the morning session with strong gains after the PBOC announces new measures to stimulate growth
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24 Nov 2022

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24 November 2022 - Shenhua's coal-based PP and PE Auction Results

Following the rising futures contracts on Dalian Commodity Exchange, Chinese bidders rush back to the Shenhua auction platform to secure some cargoes to take advantage of the widening price gaps between the two platforms.
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23 Nov 2022

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Statistics: China imported less PP and PE in October 2022

The reductions were very much expected due to the weeklong National Day holiday at the beginning of October that followed by a wave of COVID-19 outbreak that prompted the authorities to implement strict movement controls.
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23 Nov 2022

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Saudi major lifted PE offers to China, resistance started to show

This is the third week in a row a major Saudi Arabia producer lifted import PE offers to China, but unlike the previous round, buyers here started to show stiff resistance toward the latest price hikes.
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23 Nov 2022

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Malaysian producer slashed December PP, PE offers to Indonesia

Looking at the latest price list, the maker’s PE offers have been tracking the downtrend since April 2022 without any break.
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