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News Insight & Analysis

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Saudi Aramco announced July propane prices to Asia with a sharp hike
29 Jun 2021 It is reported that Saudi Aramco has opened July shipment offers for propane to Asia with large increases from the previous month.
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29 Jun 2021

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Local PP, PE market in China extended the firming trend

The comfortable local supply as a result of the densely new plant startup coupled with the lack of the export opportunity might continue to anchor any major advancement in PP prices in the near term.
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29 Jun 2021

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Import PE offers to China inch higher, buyers hunt for competitive cargoes

Demand in China started to pick up in recent weeks thanks to the support from the reviving Dalian Commodity Exchange and the manufacturing sector prepares to enter the high demand season.
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29 Jun 2021

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China Morning Snapshot – 29 June 2021

Local producers have indicated no signals of lowering spot PP and PE offers considering the reduced inventory pressure and the expected low import arrivals in the month of June and July.
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29 Jun 2021

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29 June 2021: Auction sales result for Shenhua's coal-based PP and PE

The allocations for auction continue to drop as a result of low inventory pressure ahead of the month-end closing.
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28 Jun 2021

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Local producer lifts homo-PP prices sharply in Vietnam

The development has also encouraged local traders to withhold the on-hand cargoes hoping to achieve deals at higher price levels in the coming days.
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28 Jun 2021

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Indonesian producer lifted local PP, PE offers amid stabilizing import market

A number of manufacturing plants have informed CommoPlast of having shut down at least 2 weeks for sanitization after detected infection cases in the company.
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28 Jun 2021

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Indian players: Local PP, PE markets gradually recover on easing COVID-19 restrictions

Although spot PP and PE prices have yet to register any real increases, local suppliers are monitoring the movement very closely, now that some industries are returning to work that would elevate consumption.
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