Asian propylene market plunged on improving supply, weak demand

14 Jun 2021 It is expected that spot propylene market would remain under pressure in the near term as buyers withdraw to the sideline waiting for new supply to emerge.

11 Jun 2021

China Morning Snapshot – 11 June 2021

Inventories are expected to pile up significantly throughout the long weekend holiday, however, sources are not concerned.

11 Jun 2021

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

The number of transactions on Shenhua auction platform remains moderate on the final trading day of the week, highlighting the still cautious stance among Chinese buyers.

10 Jun 2021 ABS Inj (Natural)

Taiwanese ABS plunged in Vietnam on weak demand

In the upstream market, butadiene has been firming up over the past weeks on the back of limited spot availability, however, market participants started to adopt a more cautious stance this week.

10 Jun 2021

China Morning Snapshot – 10 June 2021

Buyers adopted a calmer stance following aggressive buying activities in the previous session in order to complete the paperwork and delivery.

10 Jun 2021

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

The number of transactions on the Shenhua Auction platform remains mediocre although prices hardly changed from the previous session.

09 Jun 2021

Pre-holiday replenishment, or not? Local PP, PE market in China abruptly pick up

While spot offers remain on the softening trend, local suppliers claimed having achieved a high number of transactions with the intention to gradually introducing a firmer stance on the cargoes.

09 Jun 2021

China Morning Snapshot – 09 June 2021

In the meantime, BOPP sheet manufacturers reported having received better number of end product orders for the third quarter of the year.

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