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News Insight & Analysis

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China: Auction sales result for Shenhua's coal-based PP and PE
22 Feb 2021 Transactions are strong on the auction platform this morning as supply appears tightened following aggressive export activities among local suppliers.
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22 Feb 2021

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China Morning Snapshot – 22 February 2021

Sources said that buyers in Eastern and Northern China are less active in making purchases, however, sentiment in Southern China is rather strong.
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20 Feb 2021

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Chinese suppliers lifted export homo-PP yarn on strong demand

Apparently, Chinese suppliers are heavily concentrating on the export market for better profit margins before local buyers fully return from the long Lunar New Year holiday.
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19 Feb 2021

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Taiwanese ABS surged in Indonesia on the back of tight supply, strong upstream

The increases in SM prices are especially steep this week following a series of plant outages in Japan and the USA after natural disaster struck the two countries.
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19 Feb 2021

insight

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

Sentiment slows down a little compared to the previous trading day as players decided to wait for clearer market direction in the coming week.
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19 Feb 2021

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China Morning Snapshot – 19 February 2021

Meanwhile, sources informed of active inquiries for homo-PP to the export market and the mainstream offers are...
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19 Feb 2021 SPVC k67-68 SPVC (A) k67-68

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Asian players expect firmer sentiment in the PVC market after USA outages

It is expected that these plants could take longer to recover from the unexpected shutdowns, which leave the market with a big supply gap.
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18 Feb 2021

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Saudi producer announces fresh PE offers to China with increases

Meanwhile, players believed that the uptrend is inevitable considering the widespread shutdown in the US that cause severe supply disruption.
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