China Morning Snapshot – 25 January 2021

25 Jan 2021 A number of local traders informed that buyers are no longer enthusiastic in placing orders, and even at lower price levels, the interest is very weak.

25 Jan 2021

Another Saudi Arabia producer announced February PE offers with reductions

The initial response from the market is not very strong and buy ideas are mostly below $1050/ton for both HDPE and LLDPE film citing the long shipping times.

22 Jan 2021

Saudi producer announces February PP, PE offers to Southeast Asia

As reported earlier, the producer is not having a high allocation for PP block copolymer due to an on-going shutdown at the unit.

22 Jan 2021

International suppliers lifted LLDPE film to China on better demand

Market sources said that Middle Eastern LLDPE film available earlier this week at $1000/ton CFR China have all been sold out.

22 Jan 2021

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

Chinese buyers actively returning to the market to make replenishment on the final trading day of the week thanks to the rebound in the futures market.