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News Insight & Analysis

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Another Saudi producer announced January PP, PE offers to Asia
06 Jan 2021 The large location gap between China and Southeast Asia is raising a lot of questions among buyers, who expect large discounts on most grades in the coming days.
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05 Jan 2021

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Import HDPE film to China breached below the $1000/ton threshold

Industry experts believed that China would continue to depend less on the import market for HDPE in 2021 thanks to the strong growth in local production.
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05 Jan 2021 PPH Inj PPH Raf

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Chinese homo-PP move higher in SEA as suppliers turn focus to the local market

Purchasing interest in the domestic market has seen improvements since the beginning of the week, pushing local prices higher.
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05 Jan 2021

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

As more manufacturers resume operating, purchasing activities on the auction platform have also improved significantly.
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05 Jan 2021

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China Morning Snapshot – 05 January 2021

Sources said that the local ground might continue to improve in the coming week before manufacturers once again winding down operating rates.
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04 Jan 2021

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Saudi producer slashes PE offers to China, sold out LLDPE film

Besides, the Yuan is appreciating against the US dollar, making it cheaper to buy imports at the moment.
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04 Jan 2021

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Local PP, PE market holds largely unchanged in Indonesia

Sources are expected some discounts in the coming days given the fact that previously purchased cargoes from the import ground are arriving at the market.
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04 Jan 2021

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Chinese manufacturers gradually resume operating after mandatory run rates cut

More manufacturers in Zhejiang are also restarting their plant after the electricity restriction forcing these companies to reduce operating rates substantially since mid-December 2020.
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