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News Insight & Analysis

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Indonesian producer opened weekly PP, PE offers to local market
13 Sep 2021 Customers see the new offers as a reflection of the firm stance observed in the import ground and less of the actual demand condition.
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13 Sep 2021

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Electricity limitation forced PET producers in Jiangsu, China to cut run rates

The Chinese government has been stern in controlling the energy consumption and efficiency targets for 2021, vowing to cut energy intensity by 3% to meet its climate goals.
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13 Sep 2021

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China Morning Snapshot – 13 September 2021

In contrast to the bullish Dalian Commodity Exchange, trading sentiment in the domestic spot market turns sour as a number of manufacturers have been ordered to temporarily shut down
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13 Sep 2021

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13 September 2021: Auction sales result for Shenhua's coal-based PP and PE

Chinese bidders return to the market on the first day of the week, resulting in a relatively healthy number of deals for both PP and LLDPE cargoes.
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10 Sep 2021

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Indian PVC market surge sharply ahead of October shipment offers

Some Indian customers expect PVC offers to India to catch up with Tukey, where some international sellers have lifted spot prices to around $2000/ton CFR Turkey terms.
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10 Sep 2021

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China Morning Snapshot – 10 September 2021

At the moment, the export opportunity window remains shut, leaving Chinese sellers limited choices but to focus on the highly competitive local ground.
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10 Sep 2021

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10 September 2021: Auction sales result for Shenhua's coal-based PP and PE

Allocations for auction continue to decline, however, buyers seem less interested in securing additional cargoes after the drop in the futures market.
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09 Sep 2021

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China Morning Snapshot – 09 September 2021

Slower sentiment on the Dalin Commodity Exchange discourages arbitrage traders from off-take additional cargoes, sending the market back to the calming condition.
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