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News Insight & Analysis

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Chinese traders cut PVC offers to the Southeast Asian market
23 Mar 2021 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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23 Mar 2021

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As market outlook turn bearish, local trader speed up price cut on homo-PP in Indonesia

Even at the lower prices, Indonesian buyers are not eager to make replenishment except for customers with very low inventory on-hand.
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22 Mar 2021

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Saudi Arabia producer announced April PE shipment with large increases to SEA

Due to the supply tightness, the producer has to reduce the allocation to regular customers by 50%.
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22 Mar 2021

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Malaysian PP and PE offered to Indonesia with three digits hike

Sources said that the hikes, especially on PP cargoes, come a little off timing as the regional market has just started to enter a correction period.
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22 Mar 2021

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Local producer cuts PP offers in Indonesia, increase PE prices

A major local producer in Indonesia reportedly cut local spot PP prices on the first trading day of the week in a response to the weakening import ground due to lacking purchasing interest.
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22 Mar 2021

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

Transaction prices have been softer compared to the previous trading session, however, buyers remain cautious about making purchases.
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