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News Insight & Analysis

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Key local trader cut spot PP, PE offers in Indonesia after weeks of sluggish demand
17 Feb 2022 Indonesian manufacturers have been complaining about the inability to increase end-product prices while the number of PO declines visibly compared to January.
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17 Feb 2022

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China Morning Snapshot – 17 February 2022

As local stocks remain above the 1 million tons threshold despite lower operating rates among key producers
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16 Feb 2022

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[FREE] 16 February 2022 - Shenhua's coal-based PP and PE Auction Results

Shenhua attempted to lift deal prices following news about the production cuts at a couple of major local plants, however, transactions fell as a result.
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16 Feb 2022

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Weak demand, dwindling futures market weigh on the Chinese PVC market

Key PVC contract for May delivery on Dalian Commodity Exchange fell two out of three trading sessions this week despite the strong crude oil market on the concerns over Russia-Ukraine tension.
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16 Feb 2022

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China Morning Snapshot – 16 February 2022

Sources said that the producer lower operating rates at PE units only to sell the excess ethylene for better margins, while there are no impacts on the PP outputs.
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15 Feb 2022

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[FREE] 15 February 2022 - Shenhua's coal-based PP and PE Auction Results

Transactions remain healthy on Shenhua Auction Platform following the surge on the Dalian Commodity Exchange.
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15 Feb 2022

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Singaporean PE extended the firming trend in China

The increases are very much expected, however, the domestic spot market has yet to regain any strength this week following the constant declines the week before.
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15 Feb 2022

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China Morning Snapshot – 15 February 2022

There have been market talks that Sinopec has also cut operating rates, however, CommoPlast has not been able to verify the information at the time of this report.
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