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News Insight & Analysis

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China Morning Snapshot – 01 June 2022
01 Jun 2022 Chinese suppliers implemented additional increases on spot PP and PE offers purely based on the upbeat market expectations of a better demand outlook ahead.
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31 May 2022

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[FREE] 31 May 2022 - Shenhua's coal-based PP and PE Auction Results

Due to the month end closing, the available quantity for auction reduced significantly, resulting in a surge in closing prices.
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31 May 2022 PPH Inj PPH Raf

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Southeast Asian homo-PP market stabilizes, but buyers reluctant to accept a rebound

Sellers are shrugging off the initial market resistance. All eyes are on the recovery process in China.
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31 May 2022

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Saudi Aramco slashes June propane contract price to Asia

Saudi Aramco surprisingly slashes propane contract prices to Asia for June loading by three digits despite the rising crude oil prices.
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31 May 2022

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China Morning Snapshot – 31 May 2022

Following two consecutive days of the firmer Dalian Commodity Exchange, local suppliers are more confident in implementing increases on spot PP and PE prices.
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30 May 2022

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[FREE] 30 May 2022 - Shenhua's coal-based PP and PE Auction Results

Chinese buyers are more confident in accepting higher prices on the Shenhua auction platform following news of the Shanghai government introducing various stimulus packages
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30 May 2022

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Malaysian maker slashes June PP, PE offers in the domestic market

The Malaysian polyolefin market is expected to face heightened competition in the coming month as PrefChem successfully restarted its 1.2 million tons/year ethylene cracker in Johor, paving way for the downstream PP and PE plants to come back after more than two years of shutdown.
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30 May 2022

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Local PP, PE market extended the weakening trend; demand remains subdued

Indonesian buyers said spot offers in the import and the distribution market are much more competitive than the producer’s latest price list. Substantial discounts must be made available in order to entice demand.
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