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News Insight & Analysis

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China: Auction sales result for Shenhua's coal-based PP and PE
23 Apr 2021 The number of transactions observed on Shenhua’s auction platform remains healthy today with prices inched slightly lower than the previous session
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22 Apr 2021 LL C4 Film

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Indian supplier slashes import LLDPE film to Vietnam

Sources said that the new wave of COVID-19 outbreak in India is likely to push suppliers here to divert cargoes to the export market.
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22 Apr 2021

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Indian producer slashed local PP and PE prices on falling demand

Besides the price cuts, the producer has also introduced price protection until 1 May 2021 for all PP and PE cargoes that guarantee buyers that their purchases this week will be adjusted if prices come down during the protection period.
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22 Apr 2021

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China: Auction sales result for Shenhua's coal-based PP and PE

Transactions once again pick up on the Shenhua Auction platform for both PP and PE grades, which continue to fuel more positive expectation for the pre-holiday replenishment activities.
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22 Apr 2021

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China Morning Snapshot – 22 April 2021

Several traders have expressed the readiness in reducing spot offers in the coming days with aims to deplete more stocks ahead of the long Labor Day holiday.
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21 Apr 2021

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Statistics: China’s local PP and PE output revived in March

The increasing local production outputs coupled with the unexpectedly high import arrivals for both PP and PE pressured the local market throughout the month of March.
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21 Apr 2021

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Middle Eastern PE offers continue to drop sharply in China as demand remains weak

Even with the large price cuts, the average import LLDPE film prices are still about $30/ton higher than local market while import LDPE film is about $20/ton higher, data from CommoPlast showed.
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21 Apr 2021

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China: Auction sales result for Shenhua's coal-based PP and PE

As the supplier attempted to increase the deal prices, the number of transactions fell compared to the previous trading day, indicating the challenges facing suppliers to lift offers in the local ground.
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