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News Insight & Analysis

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Thailand producer further down-adjusted PE prices to China
20 May 2021 Given the duty and lead time advantage of the Thai cargoes, it is expected that other suppliers would fall under pressure to follow the price adjustment.
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20 May 2021

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China Morning Snapshot – 20 May 2021

Sentiment is sluggish as Chinese players adopt a more cautious stance while waiting for clearer market direction.
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20 May 2021

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20 May 2021: Auction sales result for Shenhua's coal-based PP and PE

Transactions on the Shenhua auction platform remain sluggish for the second trading day in a row, following the steep fall in the energy complex.
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19 May 2021

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Thai’s PE extended the weakening trend in China

The off-peak season coupled with the electricity shortage in Southern China that forces the manufacturing sector to reduce operating hours per week are expected to curb demand in the near term.
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19 May 2021

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Southeast Asian PVC crashes in Malaysia ahead of June price announcement

Demand in Malaysia has been dwindling due to the Ramadan holiday and the new COVID-19 restrictions that discourage converters from building inventories.
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19 May 2021

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Malaysian maker opens June PP, PE offers to Indonesia with large decreases

Skepticism surrounding a potential rebound is fast-growing, especially amid the worsening electricity shortage in the Southern China market that curb manufacturing activities.
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19 May 2021

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China Morning Snapshot – 19 May 2021

Export window might open again in the near term would local prices continue to fall, widening the price gap with the stabilizing Southeast Asian market.
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19 May 2021

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19 May 2021: Auction sales result for Shenhua's coal-based PP and PE

Trading activities on Shenhua’s auction platform come to a near stop by mid of week as Chinese buyers withdraw to the sideline.
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