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News Insight & Analysis

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China Morning Snapshot – 20 November 2020
20 Nov 2020 Trading activities in the domestic spot market slow down slightly compared to the previous day mainly due to the fact that customers have replenished comfortable stocks.
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20 Nov 2020

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Asian styrene market entered a correction as demand declined

The Asian styrene monomer market has been weakening throughout this week after hitting 2020’s all-time high as a result of falling demand across the region.
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20 Nov 2020

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Asian petchem market faces surging shipping costs as container shortage rages on

Industry experts do not expect the condition to ease before the Lunar New Year as the market is in mid of the traditional peak season.
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19 Nov 2020

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

Chinese bidders continue to portray a strong appetite for making replenishment even at a higher price level toward the end of the week.
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19 Nov 2020

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China Morning Snapshot – 19 November 2020

Even HDPE, once regarded as the weakest performing grade in the market, has now regained the momentum.
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18 Nov 2020

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Indian producer continue lifting PVC offers in the domestic market

Local supply remains very tight this week amid production issues at one of the domestic plants and the new customs rules that bottleneck the inflow of import arrivals.
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18 Nov 2020

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China’s LDPE film market gallop higher as buying interest revived

Players prefer nearby cargoes for the concerns that USA producers are restarting plants, from which an increasing number of offers for post-Lunar New year arrivals has emerged in recent days.
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18 Nov 2020

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

Sentiment in the domestic spot market once again picks up significantly by mid of the week despite the substantial price hike compared to the previous day.
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