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News Insight & Analysis

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Chinese PVC market hit two-year lows on deepening property market turmoil
15 Jul 2022 According to data from CommoPlast, spot carbide-based and ethylene-based PVC are now at the lowest levels since mid-August 2020 and market participants are not bullish about the near-term outlook.
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15 Jul 2022

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China Morning Snapshot – 15 July 2022

Apparently, the domestic spot market has been working hard to keep PP and PE prices above the CNY8,000/ton threshold for days
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14 Jul 2022

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[FREE] 14 July 2022 - Shenhua's coal-based PP and PE Auction Results

In fact, transacted prices have been largely stable for a couple of weeks, from which players must now ask the question if the local market has found the floor?
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14 Jul 2022

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South Korean homo-PP breached below $1100/ton mark in Vietnam

Vietnamese customers have been raising concerns over the recurrent COVID-19 related lockdown in China that further hamper the already dwindling end-product businesses amid the falling export orders.
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14 Jul 2022

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China Morning Snapshot – 14 July 2022

In the meantime, market participants cautiously monitor the infrastructure funding release progress to gauge the near-term outlook.
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13 Jul 2022

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[FREE] 13 July 2022 - Shenhua's coal-based PP and PE Auction Results

Chinese bidders continue to show a healthy interest in the coal-based homo-PP cargoes this morning, reflected in the strong number of transactions.
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13 Jul 2022

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China Morning Snapshot – 13 July 2022

As expected, the domestic spot market extended the weakening trend though it appears that sellers are not rushing to slash PP and PE prices as much as the futures market.
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12 Jul 2022

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[FREE] 12 July 2022 - Shenhua's coal-based PP and PE Auction Results

Chinese bidders surprisingly come back on the second trading day of the week despite the lingering concerns over the rising number of COVID-19 infection cases.
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