China Morning Snapshot – 22 June 2021

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

22 Jun 2021

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.

21 Jun 2021 SPVC k64-65 SPVC k67-68

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.

21 Jun 2021

Statistics: Import PP, PE, PVC to China continue to drop in May

As discussed earlier, China faces a number of challenges to maintain the extraordinary growth rate in 2020.

21 Jun 2021 HD Film LL C4 Film

Saudi major cuts July PE offers to China, Southeast Asia

In China, a good number of bids are emerging below the $1000/ton threshold, however, there have not been any official deals at the time of this report.