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China Morning Snapshot – 24 December 2020
24 Dec 2020 Sources are not optimistic about the near-term outlook as the electricity shortage is worsening.
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23 Dec 2020

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Saudi producer conceded to large discounts on PP, PE cargoes in Indonesia

Sentiment in Indonesia is rather calm this week. Many manufacturers are allowing workers to leave early for the Christmas and New Year holiday.
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23 Dec 2020

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Chinese producer slashes homo-PP offers to SEA after much negotiation

More Indonesian buyers have shown an interest to make purchases at the adjusted price levels amid the absence of most Middle Eastern suppliers.
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23 Dec 2020

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

Transactions once again dive as more market participants started to take leave for the holiday ahead.
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23 Dec 2020

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China Morning Snapshot – 23 December 2020

Traders are losing hope that buyers would make large purchases in January ahead of the Lunar New Year holiday as manufacturing sector would be off earlier and longer than usual.
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22 Dec 2020

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Weaker demand pressures local PVC market in China and India

Over the past week, Chinese suppliers have been actively exploring the export market, especially to the South Asia market, where demand for PVC remains relatively stronger.
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22 Dec 2020

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Taiwanese producer steps back on ABS offer to Vietnam as demand weakened

Players reported that shipping costs from Taiwan to Vietnam have been increasing by $100 per 20-foot container this week, while container shortages remain in place.
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22 Dec 2020

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

The number of transactions is satisfactory on the auction platform this morning as Shenhua agreed to a slight discount from the previous trading day.
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