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News Insight & Analysis

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China Morning Snapshot – 10 March 2021
10 Mar 2021 The active trading sentiment has eased the cashflow tightness among local traders.
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09 Mar 2021

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Suppliers step back on offers for Chinese homo-PP to Indonesia

Several market sources informed that one of the suppliers has been aggressively asking for bids, which concerns buyers even more about the near-term outlook.
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09 Mar 2021

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Import mPE to China surges on the limited supply

There have been reports that local availability for mPE is tight at the moment, from which customers decided to proceed with purchases to cover the near-term need.
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09 Mar 2021

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

Sentiment cools off in the local China market reflected in the reduced number of transactions on the Shenhua auction platform.
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09 Mar 2021

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China Morning Snapshot – 09 March 2021

Local manufacturers are still making replenishment, however, in much smaller quantity compared to the previous trading day.
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08 Mar 2021

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Taiwanese major to delay April PVC offers, large increases expected

Sources agreed that April shipment offers would register three digits hike in value considering the severe supply shortage in Latin America and Africa after the winter storm affected production at most of the USA plants and curb supply.
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08 Mar 2021

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Export homo-PP from China inches higher as local market slows to pickup

However, it appears that purchasing interest among South American buyers continues to decline, reflected in the lack of inquiries for the second week in a row.
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08 Mar 2021

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Domestic PP, PE market in Indonesia extended the firming trend

The initial response from the market is not very strong, according to sources. Buyers might not be able to accept the latest offers due to the mediocre end product business.
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