China Morning Snapshot – 18 November 2020

18 Nov 2020 Sentiment remains healthy in the domestic ground, sources said as buyers continue to make replenishment in preparation for the Lunar New Year orders.

17 Nov 2020

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

Transactions dropped visibly on the second trading day of the week as players take a step back in resistance to the firmer deal prices.

17 Nov 2020

China Morning Snapshot – 17 November 2020

Sources said that buyers are still sourcing in small quantities and the price hike from local producers merely reflect the lack of inventory pressure.

16 Nov 2020

Taiwanese producer lifted December PVC offers to Asia

Supply across the region remains tight at the moment that partially supports the firming trend.

16 Nov 2020

Local carbide-based PVC in China registered sharp increases

Players expected the market to sustain the uptrend throughout the month, especially with the fresh price hike from a major international supplier.

16 Nov 2020

Local PE market in Indonesia declined as PP stabilizes

PP offers stabilized for the first time in nearly three months, highlighting the fact that market resistance is building up and buyers are unable to absorb the drastic increases.