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News Insight & Analysis

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Chinese LDPE film market rebounded; higher resistance put sustainability in question
23 Jun 2021 Purchasing activities immediately muted following the large price hike. Customers show no interest in chasing after higher costs cargoes to avoid price risks.
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23 Jun 2021

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China Morning Snapshot – 23 June 2021

Trading sentiment in the domestic ground holds steady with spot PP and PE prices continue to track the stable to firmer trend.
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23 Jun 2021

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Asian PVC buyers: There is no sign of the market nearing the bottom

A similar situation is observed in Southeast Asia, where a new wave of COVID-19 related lockdown hamper demand from key importers in the region, including Malaysia, Indonesia, and Vietnam.
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23 Jun 2021

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23 June 2021: Auction sales result for Shenhua's coal-based PP and PE

Sources started to raise concerns over the availability, which could push prices higher.
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22 Jun 2021

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Malaysian PP and PE for July loading slumped in Indonesia

Indonesian buyers have been refraining from making new purchases as a flare-up of COVID-19 infection cases has put several major cities into strict movement control.
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22 Jun 2021

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China Morning Snapshot – 22 June 2021

Trading sentiment remains steady on the second trading day of the week though sources informed of better transactions for PE than PP.
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22 Jun 2021

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22 June 2021: Auction sales result for Shenhua's coal-based PP and PE

The producer continues to allocate smaller than usual quantities for both PP and PE to the auction session today.
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21 Jun 2021 SPVC k64-65 SPVC k67-68

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Taiwanese major slashed July PVC offers by another three digits

A similar response is reported in Southeast Asia. Buyers here are comparing the Taiwanese cargoes to the more competitive Thailand and Japanese materials.
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