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News Insight & Analysis

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Saudi Aramco lifted June propane contract price to Asia
03 Jun 2021 The price provides a benchmark against which Middle East sales of liquefied petroleum gas (LPG) to Asia are priced.
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03 Jun 2021

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China Morning Snapshot – 03 June 2021

The stiff resistance from the market prompted local suppliers to step back on the spot prices on both PP and PE cargoes, yet customers continue to portray the lack of buying interest.
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03 Jun 2021

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

Sentiment on the Shenhua Auction Platform remained satisfactory toward the end of the week, reflected in the strong number of deals concluded.
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02 Jun 2021

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Vietnamese homo-PP fell below the $1300/ton threshold in Indonesia

The reduction is in line with the weakening sentiment across the Southeast Asia region as a result of the new wave of COVID-19 restrictions and the large location gap with China market.
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02 Jun 2021 PET Bottle

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Local PET market in Indonesia weakens while import market looks for direction

Meanwhile, international suppliers are struggling to find direction amid the rising energy complex and the lack of purchasing activities across the Southeast Asia and Indian Sub-continent market.
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02 Jun 2021

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China Morning Snapshot – 02 June 2021

"Customers are not active enough because the market is in mid of the off-peak season. We expect the market to improve toward the end of the month," a trader commented.
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02 Jun 2021

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

Transactions on the Shenhua auction remain satisfactory for the second trading day in a row in spite of the higher prices.
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01 Jun 2021

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China Morning Snapshot – 01 June 2021

In contrast to the positive sentiment observed on the Dalian Commodity Exchange and the Shenhua Auction Platform, buying activities in the domestic spot market are sluggish.
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