Saudi PE concluded with large discounts in Vietnam, market might have overshot

28 Jul 2021 The recent surge in LLDPE film prices in Vietnam attracts a number of export/re-export cargoes from the nearby China market, signalling the flat demand in China.

28 Jul 2021

China Morning Snapshot – 28 July 2021

The rebound on Dalian Commodity Exchange encourages buyers to return to make some replenishment, though with caution.

28 Jul 2021

Another Saudi Arabia producer announces August PP, PE offers to Vietnam

In spite of the large increases, sources said that the producer’s latest offers are in-line with the market levels while attempting to negotiate for discounts on deals.

28 Jul 2021

28 July 2021: Auction sales result for Shenhua's coal-based PP and PE

Transactions remain strong by mid of the week on the Shenhua auction platform, indicating confidence among Chinese bidders.

27 Jul 2021

Saudi major opened August PE shipment offers to China, Indonesia

Despite the large increases, prices to China remain well below other regions, hence market sources expect the supplier diverts more cargoes to higher margins markets.

27 Jul 2021

Key Malaysian producer lifted August PP, PE offers to the local market

The buying sentiment in Malaysia has been dwindling for weeks because manufacturers have either slashed operating rates or even shut down in compliance with the Movement Control Order (MCO).