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News Insight & Analysis

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Southeast Asian mPE firm up on improving demand prospect in China
07 Jul 2021 A site visit to several medium-scale PE packaging manufacturers in Wenzhou, Zhejiang province found that most of these plants are operating at about 70% capacity.
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07 Jul 2021

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Indian players: PVC market shows signs of improvement

Market participants reported a positive response from buyers after a couple of South Korean producers slashed July shipment prices to entice demand.
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07 Jul 2021

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China Morning Snapshot – 07 July 2021

A PP producer informed of being able to move only three (3) containers of materials throughout the morning session while other customers tend to wait for further discounts.
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07 Jul 2021

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

Transactions on the Shenhua auction platform fell sharply, which players attributed to the plunge in the energy complex.
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06 Jul 2021

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Chinese PE market extended the firming trend as trading sentiment improve

The initial response from the market is not very strong, yet, suppliers are in no rush to make any adjustment claiming the lack of allocations and that the high demand season is just around the corner.
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06 Jul 2021

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China Morning Snapshot – 06 July 2021

Sentiment in the domestic spot market holds firm thanks to the support from the rising futures trading, yet, transactions have declined.
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06 Jul 2021

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

In spite of the higher price levels, the number of transactions on the Shenhua auction platform remains healthy on the second trading day of the week.
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05 Jul 2021

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Local producer slashed July PVC offers in Indonesia

The new offers failed to draw buyers back to the market as Indonesia enters the full lockdown following a spike in the number of COVID-19 infection cases.
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