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News Insight & Analysis

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China Morning Snapshot – 21 April 2021
21 Apr 2021 There are no supports for the futures market to firm up strongly because the government is tightening credit control.
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20 Apr 2021

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Statistics: Import PP and PE arrivals to China hit four months high in March

Chinese players said that export quantities in April might be higher because it is the peak for Chinese sellers to fulfil the delivery obligations to overseas customers.
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20 Apr 2021

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Malaysian producer slashes May PP offers to Indonesia, maintain PE stable

In spite of the steep price cuts for homo-PP yarn cargoes, Indonesian buyers continue to portray the reluctant stance.
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20 Apr 2021

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

Sources said that the reduction in LLDPE allocation is due to an ongoing maintenance shutdown at the plant.
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20 Apr 2021

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China Morning Snapshot – 20 April 2021

Purchasing activities are stable, yet, buyers would only source small quantities to meet the immediate needs.
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19 Apr 2021

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Saudi Arabia LLDPE and homo-PP take another notch down in China

A number of other buyers have expressed the buy ideas for deep-seas HDPE and LLDPE film at below the $1100/ton threshold, citing the continuous weakening domestic ground.
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19 Apr 2021

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Local producer announces weekly PP, PE offers in Indonesia

Sources said that the local PE market is facing less pressure than PP due to the lack of import arrival, while competitive Chinese material is forcing local suppliers to soften the stance on homo-PP yarn cargoes to attract purchasing interest.
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19 Apr 2021

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Indian homo-PP holds steady in Vietnam after a big drop, but timid buying interest observed

There are limited new offers on the first trading day of the week, however, the local market continues to weaken as a result of the heavy arrival of previously purchased Chinese cargoes.
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