Chinese LLDPE film market hits 2024 high amid surprisingly resilient demand

04 Dec 2024 Market participants noted significant, even aggressive, buying activity in Southern China at the start of the week, largely driven by local traders seeking to secure ready-stock parcels to meet the delivery obligations of previously sold containers.

04 Dec 2024

China Morning Snapshot – 04 December 2024

In the domestic spot market, trading sentiment has softened slightly compared to earlier in the week. However, Chinese buyers continue to show stronger interest in LLDPE relative to other grades.

04 Dec 2024

04 December 2024 - Shenhua's coal-based PP and PE Auction Results

The Shenhua auction platform concluded today’s session with a positive outcome, recording 100% sold volumes for coal-based LLDPE, despite the prevailing weak trend in the futures market on the Dalian Commodity Exchange (DCE).

03 Dec 2024 SPVC k67-68

Local Indonesian PVC market stumbled under weak demand and fierce competition

A leading Indonesian producer has announced PVC offers for December delivery to the domestic market, cutting prices by $20/ton in response to economic challenges and subdued market activity.

03 Dec 2024 PET Bottle

Indonesian PET market holds steady amid growing optimism over Ramadan-season demand

Indonesia, like other Muslim-majority countries, will observe Ramadan at the beginning of March 2025. Preparations for the festive season, typically seen between December and early January, are fuelling a positive outlook for food and beverage packaging demand.

03 Dec 2024 SPVC (A) k67-68

Chinese PVC market hits historic lows ahead of critical economic events

The Chinese PVC market has reached an unprecedented low, with spot carbide-based PVC prices falling below the CNY 5,000/ton threshold on an EXW China basis for the first time since CommoPlast began tracking the market in 2015.

03 Dec 2024

China Morning Snapshot – 03 December 2024

Following robust sales in Southern China on the previous day, Chinese producers raised spot LLDPE film prices by CNY 50/ton, despite the downturn in futures contracts. However, trading sentiment softened as buyers stepped back to finalize their recent purchases.

03 Dec 2024

03 December 2024 - Shenhua's coal-based PP and PE Auction Results

Trading sentiment on the Shenhua auction platform ended on a strong note, defying the softening trend in PP and PE futures on the Dalian Commodity Exchange. Demand for LLDPE remained robust, with buyers undeterred by a CNY 50/ton price increase

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