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News Insight & Analysis

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Local China market turns active as buyers make pre-holiday replenishment
18 Jan 2021 The uptrend might subside toward the end of the month, source said, considering the fact that many manufacturers would gradually wind down operating rates.
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18 Jan 2021

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Chinese producer lifted homo-PP offers to SEA as local market rebounded

Demand in Vietnam is especially weak because most customers have replenished comfortable stock ahead of the Lunar New Year holiday.
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18 Jan 2021

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

Transactions are strong this morning signaling the return of buyers to make replenishment before the Lunar New Year holiday.
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18 Jan 2021

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China Morning Snapshot – 18 January 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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