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News Insight & Analysis

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China Morning Snapshot – 14 April 2021
14 Apr 2021 The continuous weakening Dalian Commodity Exchange affects the local sentiment negatively as buyers await larger price cuts from spot trading.
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13 Apr 2021

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Taiwanese producer announced May PVC offers with increases

In Southeast Asia, many buyers have turned to competitive Chinese materials over the past weeks though demand is not very strong.
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12 Apr 2021

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Saudi Arabia producer maintain PE offers to Vietnam amid heightening resistance

Vietnamese buyers portray stiff resistance toward the new prices, especially after domestic spot offers inch lower due to the persistently sluggish demand condition.
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12 Apr 2021

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Indonesian maker slashes local PP and PE offers on weak demand

Sources said that buyers remain reluctant to make purchases while expecting further reductions to emerge in the coming week.
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12 Apr 2021

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

The number of transactions are rather sluggish this morning, reflecting the lack of confidence in the near term outlook among Chinese bidders.
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12 Apr 2021

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China Morning Snapshot – 12 April 2021

The price reductions do not appear attractive to customers, who are seeking larger discounts considering the sharp decreases on the futures market.
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10 Apr 2021

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Asian propylene market weakens on easing supply, softer demand

It is expected that the regional propylene market would remain on the softening trend in the near term, considering the weaker demand from the downstream PP market.
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09 Apr 2021

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Taiwanese ABS offered higher in Vietnam amid slower demand

Buyers are cautiously monitoring the impact of the global semiconductor chips shortage on the home appliances sector, which has yet been quantified.
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