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News Insight & Analysis

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Saudi Aramco cuts April propane prices to Asia
31 Mar 2021 Saudi Aramco has reportedly announced April 2021 propane contract prices to Asia with steep reductions, halting the nine straight months of hiking.
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31 Mar 2021

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

Due to the month-end closing, the supplier allocated a very small quantity for auction.
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31 Mar 2021

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China Morning Snapshot – 31 March 2021

May 2021 delivery contracts for both PP and LLDPE traded sluggishly throughout the morning session, indicating the lack of risk appetite among traders.
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31 Mar 2021

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Another Saudi Arabia producer opens April PP, PE offers to Southeast Asia

In spite of the reduction, buyers find it difficult to accept the latest homo-PP prices given the fact that duty-advantage Chinese cargoes are available at below the $1400/ton threshold.
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30 Mar 2021

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Local traders lift PP prices in Indonesia after shutdown at Polytama

Local traders in Indonesia immediately responded to the shutdown at Polytama the previous day by implementing some increases on spot PP prices.
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30 Mar 2021

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Chinese homo-PP yarn edges another notch down in Vietnam

Demand in Vietnam has been soft throughout the month of March as manufacturers are unable to increase end-product prices.
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30 Mar 2021

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

Transactions on the Shenhua auction platform improved significantly on the second trading day of the week, even though prices edge slightly higher
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30 Mar 2021

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China Morning Snapshot – 30 March 2021

It is important to note that buyers are very selective and would only proceed with new purchases at the lower end of the overall price range.
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