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News Insight & Analysis

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China Morning Snapshot – 12 January 2021
12 Jan 2021 Suppliers continue to cut prices despite the larger than expected inventories digestion in the local ground due to the lack of confidence in the near-term outlook.
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11 Jan 2021

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Local producer slashed PP, PE offers in Indonesia

Local demand in Indonesia has been relatively weak since the beginning of the year as manufacturers continue to face difficulties to implement any increases on end-product prices
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11 Jan 2021

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

Transactions on the auction platform improved this morning as deal prices inched lower compared to the previous day
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11 Jan 2021

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China Morning Snapshot – 11 January 2021

Players are still not seeing signs of pre-Lunar New Year replenishment activities, which becomes a big concern.
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11 Jan 2021 HD Film LL C4 Film PPBC Inj PPH Inj PPH Raf

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Another Saudi producer slashed PP, PE offers to close deals in Vietnam

Buyers remain reluctant to accept the latest PP prices, citing the continued falling Chinese cargoes this week
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08 Jan 2021 PPH Inj PPH Raf

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Vietnamese buyers shy away from the heavy presence of Chinese homo-PP cargoes

Demand for import homo-PP in Vietnam has been sluggish recently and buyers here further withdraw to the sideline today following a heavy influx of spot offers for Chinese cargoes.
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08 Jan 2021

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Saudi producer slashed PE offers substantially to Vietnam to conclude deals

A major Saudi Arabia producer has set the final PE prices to Vietnam on the last trading day of the week with drastic reductions from the initial price list.
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08 Jan 2021

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

While PE availability is limited, the producer allocated a larger than usual quantity for homo-PP.
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