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News Insight & Analysis

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Domestic PP, PE offers in Indonesia mixed; demand remains sluggish
12 Jul 2021 Indonesian customers maintain a calm stance towards the latest price list while continuing to source hand-to-mouth from the distribution market, where traders are more willing to negotiate.
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12 Jul 2021

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China Morning Snapshot – 12 July 2021

The upswing in the futures market pulls spot prices higher, however, customers are unable to accept the abrupt price adjustment.
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12 Jul 2021

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12 July 2021: Auction sales result for Shenhua's coal-based PP and PE

The number of transactions on the Shenhua auction platform picks up strongly on the first trading day of the week, however, prices have not changed significantly.
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09 Jul 2021

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China Morning Snapshot – 09 July 2021

The stronger Dalian Commodity Exchange encourages local producers to lift spot PP and PE prices, however, traders said that the price list does not reflect the demand condition.
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09 Jul 2021

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As import homo-PP prices below $1200/ton disappear, so does Vietnamese buying interest

In spite of the fact that the near-term outlook remains firm, Vietnamese buyers are not interested in making fresh replenishment at the new price levels, especially after its commercial hub – Ho Chi Minh city is put under two weeks lockdown.
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09 Jul 2021

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9 July 2021: Auction sales result for Shenhua's coal-based PP and PE

The number of transactions on the auction platform rose sharply on the final trading day of the week as prices go down.
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08 Jul 2021

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China Morning Snapshot – 08 July 2021

Market players expect local inventories to build up further throughout the weekend, which could continue to pressure the prices.
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08 Jul 2021

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8 July 2021: Auction sales result for Shenhua's coal-based PP and PE

Transactions on the Shenhua auction platform remain weak toward the end of the week, marking the third straight falling session.
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