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

18 Dec 2020 With additional reduction on the deal prices, the number of transactions remain satisfactory on the final trading day of the week.

18 Dec 2020

China Morning Snapshot – 18 December 2020

Spot offers gain CNY50-100/ton; however, most deals are done at the same levels in the previous day.

18 Dec 2020

Another Saudi producer opened January PP and PE offers to SEA and China

In Vietnam, players are puzzled by the large location gap with China, especially for homo-PP cargoes with a $140/ton difference.

17 Dec 2020

Saudi producer offers larger than expected discount on PE cargoes to Vietnam

Sources informed that the suppliers initially refused to offer any discount citing the lack of availability, yet finally stepped back due to intensifying resistance from the market.

17 Dec 2020

China’s local PP and PE production output mostly down in November: Statistics

Despite the month-on-month reduction, it is important to note that the total outputs have grown 13% compared to the same period last year.

17 Dec 2020