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News Insight & Analysis

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China Morning Snapshot – 07 April 2022
07 Apr 2022 Buyers have made some purchases in the previous session and prefer to wait for delivery instead of jumping straight to new buys. Sources reported significantly weaker deals today.
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06 Apr 2022

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[FREE] 6 April 2022 - Shenhua's coal-based PP and PE Auction Results

The auction session concluded the first trading day after the long weekend holiday on a strong note, taking into account the number of transactions achieved.
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06 Apr 2022

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Local PVC market in Indonesia jumped higher, reflecting the international trend

Looking at the upstream market, ethylene costs in Asia are at the highest levels since June 2015 as crackers around the region cut operating rates to protect the bottomline.
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06 Apr 2022

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China Morning Snapshot – 06 April 2022

Logistics challenges are escalating, which could exacerbate the storage pressure among Chinese sellers even though most plants are operating at reduced rates.
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04 Apr 2022

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Statistics: China imported less petchem products in the first two months of the year

Given the worsening COVID-19 outbreak that triggered a series of strict containment measures, there would be no surprise if the import arrivals extended the falling trend in the month of March.
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04 Apr 2022

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Indonesian producer lower local PP, PE offers drastically

The producer on the first trading day of the week has also down-adjusted contract PP and PE prices by $55/ton for homo-PP, $60/ton for LLDPE film while keeping the contract alpha for HDPE film unchanged.
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01 Apr 2022

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[FREE] 1 April 2022 - Shenhua's coal-based PP and PE Auction Results

Chinese bidders lose their buying appetite after the Dalian Commodity Exchange dropped, signalling the fact that players remain highly cautious about the market outlook.
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01 Apr 2022

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Saudi Arabia PE concluded with $100/ton reductions from the price list in Vietnam

The increases, from the cost side, are very much reasonable. With ethylene prices rising to $1400-1430/ton in Asia, producers are forced to transfer the higher input costs to the selling prices.
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