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News Insight & Analysis

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China Morning Snapshot – 12 April 2022
12 Apr 2022 The small reduction in the stock levels does not fully reflect the demand health because sellers are unable to deliver the sold cargoes amid the strict movement control.
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11 Apr 2022

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[FREE] 11 April 2022 - Shenhua's coal-based PP and PE Auction Results

The number of transactions remains disappointing on the first trading day of the week, extending the sluggish sentiment from the previous session.
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11 Apr 2022

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Indonesian producer implements excessive reduction on PP cargoes

Distributors and traders are facing potential margins erosion as their replenishments are based on contract prices, which increased by $105/ton for homo-PP yarn and injection and $60/ton for HDPE and LLDPE film, while the spot market is falling rapidly.
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11 Apr 2022

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China Morning Snapshot – 11 April 2022

Unlike the sluggish trading sentiment on the futures market, local sellers reported having achieved satisfactory number of deals after stepping back on spot PP and PE offers.
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08 Apr 2022

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[FREE] 8 April 2022 - Shenhua's coal-based PP and PE Auction Results

Chinese bidders continue to stay on the sidelines on the final trading day of the week, as the worsening COVID-19 outbreak threatens the demand outlook.
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08 Apr 2022

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China Morning Snapshot – 08 April 2022

Traders told CommoPlast of having been able to achieve a good number of transactions after cutting the prices to customers in non-lockdown areas.
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07 Apr 2022

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[FREE] 7 April 2022 - Shenhua's coal-based PP and PE Auction Results

Chinese traders adopted a more cautious stance right after the previous day rally as the escalating COVID-19 infection cases coupled with the plunging crude oil dented the market confident.
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07 Apr 2022

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Statistics: China’s local petchem outputs grew 6% in March

Thanks to the removal of anti-dumping duties imposed on Chinese cargoes in India, Chinese producers can now have the same opportunities as other suppliers in this market.
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