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News Insight & Analysis

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Indian LDPE and LLDPE film nosedived in Vietnam
30 Apr 2021 As reported earlier, the worsening COVID-19 outbreak in India is encouraging suppliers here to focus on the export market to compensate for the lackluster local demand.
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30 Apr 2021

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Chinese LDPE film market registers sharp drop on weak demand, piling inventories

Chinese players are not sanguine about the near-term market outlook citing the piling local inventories and the heavy influx of Iranian cargoes in recent weeks.
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30 Apr 2021

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China Morning Snapshot – 30 April 2021

On the bright note, the pre-holiday inventory level is very much manageable, according to market sources.
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30 Apr 2021

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30 April 2021: Auction sales result for Shenhua's coal-based PP and PE

There are very limited movement on the Shenhua auction platform on the final trading day of the week due to the fact that most players have left for the Labor Day holiday.
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29 Apr 2021

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Saudi Arabia homo-PP concluded below $1300/ton threshold in Indonesia

This is the first time import homo-PP prices breach below the $1300/ton threshold in ten weeks, since the uptrend started in mid of February 2021.
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29 Apr 2021

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China Morning Snapshot – 29 April 2021

The market is entering the holiday mood with calmer sentiment and thinner transactions compared to the previous day.
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29 Apr 2021

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29 April 2021: Auction sales result for Shenhua's coal-based PP and PE

In spite of the limited movement in pricing, transactions for coal-based PP remain satisfactory on Shenhua’s Auction Platform.
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28 Apr 2021

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Saudi Arabia maker steps back on PE offers to Vietnam with limited transactions observed

The reductions do not seem sufficient to draw buyers back to the market given the fact that many other cargoes have breached well below the $1200/ton threshold.
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