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News Insight & Analysis

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China Morning Snapshot – 09 December 2020
09 Dec 2020 Buyers would only buy small quantities to meet their immediate needs even if suppliers are willing to offer discounts.
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08 Dec 2020

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Taiwanese major announced January PVC offers

Apparently, it is more difficult to locate vessels and containers for Southeast Asia for January loading than other markets.
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08 Dec 2020

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Saudi producer stepped back on PE offers to China

A source close to the producer informed that supply has improved compared to the previous month, however, still need more time to normalize.
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08 Dec 2020 PPH Inj PPH Raf

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Indonesian converters planned earlier and longer holiday amid rising PP prices

In doing so, these manufacturers hope to reduce demand for PP cargoes that could force a price correction in the local market.
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08 Dec 2020

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

Sentiment dims again this morning on the auction platform, resulted in a rather disappointing number of transactions.
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08 Dec 2020

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China Morning Snapshot – 08 December 2020

According to local players, buyers are less active in making new purchases even after the discount observed on the spot PP cargoes.
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07 Dec 2020

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South Korean homo-PP surged above the $1300/ton mark in Vietnam

This is the first time since late October 2028 import homo-PP yarn to Vietnam breach above the $1300/ton threshold.
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07 Dec 2020

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Local PP and PE offers in Indonesia surge drastically

Buyers are puzzled with the new price list and prefer to wait on the sideline due to the inability to convince end-product customers to accept the raw material prices.
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