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News Insight & Analysis

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China Morning Snapshot – 25 March 2021
25 Mar 2021 Sources reported steady purchasing activities in the local ground toward the end of the week, though buyers are more selective in term of prices.
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24 Mar 2021

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Saudi PE concluded in Vietnam with large discount

The large price cut indicates the state of demand in Vietnam and the downward pressure that has been building up after the plunged in ethylene costs.
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24 Mar 2021 PPH Inj PPH Raf

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Chinese suppliers cut export homo-PP prices amid falling local market

Back in the local China market, demand has been sluggish because manufacturers are unable to transfer the higher raw materials costs to end product prices while operating rates among local PP plants remain relatively high.
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24 Mar 2021

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

Transactions remain sluggish for third straight session this week, underlining the lack of purchasing interest among buyers even prices have fallen day-on-day.
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24 Mar 2021

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China Morning Snapshot – 24 March 2021

Dalian Commodity Exchange completed the first half of the trading day in negative territory; however, the extent of price reduction has narrowed substantially.
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23 Mar 2021

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Chinese traders cut PVC offers to the Southeast Asian market

Chinese players are seeing weakening local sentiment after the May 2021 delivery contract on Dalian Commodity Exchange fell continuously for the past five out of seven trading days.
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23 Mar 2021

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

Deals prices on Shenhua’s auction platform have weakened slightly compared to the previous session, yet the number of transactions remains relatively sluggish.
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23 Mar 2021

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China Morning Snapshot – 23 March 2021

Trading activities in the local ground remain subdued as buyers bargain for better prices.
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