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News Insight & Analysis

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Malaysian producer slashes January PP, PE offers in local ground
29 Dec 2021 Sources expected the buying sentiment to pick up this time as manufacturers continue to prepare for the Lunar New Year demand.
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29 Dec 2021

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Import PE offers to China gallop lower amid mediocre trading sentiment

Both local and import markets have been facing a tough time registering any strong gains over the past month. Buyers immediately withdraw to the sideline at the very first signs of higher offers, not even willing to negotiate.
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29 Dec 2021

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China Morning Snapshot – 29 December 2021

There have been reports that local producers are slowly winding down the sales process in order to close the year-end sales. It is expected that the market would kickstart the new year on a strong note.
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28 Dec 2021

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[FREE] Price List: China’s Zhongjing further down-adjusted export offers

Buyers across Southeast Asia remain indifferent about the new offers citing the more competitive cargoes from South Korean suppliers.
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28 Dec 2021

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[FREE] 28 December 2021 - Shenhua's coal-based PP and PE Auction Results

Shenhua continues to allocate a good number of cargoes to the auction session, pushing deal prices further down from the previous session.
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28 Dec 2021 ABS Inj (Natural)

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Taiwanese ABS dropped sharply in Vietnam

Buyers expect the current downtrend to persist until after the Lunar New Year when demand from the home appliance sector pick up ahead of the summer season.
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28 Dec 2021

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China Morning Snapshot – 28 December 2021

The market remains concerned over the strict lockdown measures implemented by the government to curb the COVID-19 spread, yet suppliers are not so much worried about the price trend claiming the lack of inventory pressure.
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27 Dec 2021

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[FREE] 27 December 2021 - Shenhua's coal-based PP and PE Auction Results

In a positive development, Shenhua started to allocate more quantities to the auction session, which could be one of the reasons that encourage the producer to lower homo-PP prices below the CNY8000/ton mark.
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