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News Insight & Analysis

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China Morning Snapshot – 18 January 2021
18 Jan 2021 Trading activities in the local market are rather strong this morning as manufacturers become more willing to make replenishment
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15 Jan 2021 ABS Inj (Natural)

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Taiwanese producer cuts ABS offer to Vietnam amid softening upstream costs

The reduction is in line with the on-going price correction cycle across the Asia market due to the stiff resistance from buyers coupled with the falling upstream costs.
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15 Jan 2021

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

The producer reduces the auction volume for homo-PP substantially from the previous days.
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15 Jan 2021

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China Morning Snapshot – 15 January 2021

Suppliers informed of having achieved a good number of deals without much negotiation as buyers gradually accept the higher spot prices.
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14 Jan 2021 PPH Raf

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Import homo-PP market in Vietnam remain under pressure as weak demand persists

At the moment, Chinese suppliers are monitoring the sustainability of improving local demand conditions, which sellers use to determine whether to reduce export prices.
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14 Jan 2021

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

Transactions on the auction platform remain healthy this morning even at higher price levels compared to the previous day
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14 Jan 2021

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China Morning Snapshot – 14 January 2021

In the meantime, more cities are entering lockdown that hurdle the logistic of both raw materials and finished products this week.
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13 Jan 2021

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Persistently weak demand forces local suppliers to slash homo-PP prices in Indonesia

Many other traders attempted to maintain prices above the IDR 20,000,000/ton mark with very limited transactions observed.
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