Indonesian producer cut weekly PP prices; surprised the market with hikes on PE

13 Mar 2023 While the increases in PE offers were attributed to the depreciation of the Rupiah against the US dollar, the diverged price trend between PP and PE markets raised many questions.

13 Mar 2023

China Morning Snapshot – 13 March 2023

Key PP and LLDPE contracts on Dalian Commodity Exchange traded dwindled throughout the morning session as investors assess the impact of the fallout of two major banks in the US on the market.

13 Mar 2023

13 March 2023 - Shenhua's coal-based PP and PE Auction Results

Trading activities on the Shenhua auction platform remained weak on the first day of the week as market participants refrain from proceeding with fresh purchases amid the cloudy market outlook.

08 Mar 2023

China Morning Snapshot – 08 March 2023

At the current price levels, sources said that international suppliers almost have no chance to attract deals for import homo-PP cargoes in China.

08 Mar 2023

08 March 2023 - Shenhua's coal-based PP and PE Auction Results

Sources blame the plunging business confidence and weak export market for the weak trading sentiment.

06 Mar 2023

China Morning Snapshot – 06 March 2023

Without a substantial stimulus package to boost consumption, trading sentiment on both the futures and the spot markets sinks sharply on the first day of the week.

06 Mar 2023

06 March 2023 - Shenhua's coal-based PP and PE Auction Results

Shenhua attempted to facilitate the purchasing interest by offering CNY20-50/ton reduction on both PP and PE cargoes, however, buyers seemed to prefer to source just small quantity.

02 Mar 2023

Saudi Aramco slashed March propane prices to Asia

Propane is a primary feedstock used by propane dehydrogenation (PDH) operators in producing propylene monomers.

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