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News Insight & Analysis

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China Morning Snapshot – 24 June 2021
24 Jun 2021 A fraction of the market remains pessimistic about the sustainability of the current firming trend citing that the actual demand has yet to catch up with the prices.
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24 Jun 2021

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24 June 2021: Auction sales result for Shenhua's coal-based PP and PE

Transactions on the Shenhua auction platform remain healthy toward the end of the week while the producer continues to limit the allocations available.
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23 Jun 2021 LD Film

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Chinese LDPE film market rebounded; higher resistance put sustainability in question

Purchasing activities immediately muted following the large price hike. Customers show no interest in chasing after higher costs cargoes to avoid price risks.
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23 Jun 2021

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China Morning Snapshot – 23 June 2021

Trading sentiment in the domestic ground holds steady with spot PP and PE prices continue to track the stable to firmer trend.
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23 Jun 2021

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Asian PVC buyers: There is no sign of the market nearing the bottom

A similar situation is observed in Southeast Asia, where a new wave of COVID-19 related lockdown hamper demand from key importers in the region, including Malaysia, Indonesia, and Vietnam.
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23 Jun 2021

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23 June 2021: Auction sales result for Shenhua's coal-based PP and PE

Sources started to raise concerns over the availability, which could push prices higher.
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22 Jun 2021

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Malaysian PP and PE for July loading slumped in Indonesia

Indonesian buyers have been refraining from making new purchases as a flare-up of COVID-19 infection cases has put several major cities into strict movement control.
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22 Jun 2021

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China Morning Snapshot – 22 June 2021

Trading sentiment remains steady on the second trading day of the week though sources informed of better transactions for PE than PP.
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