China Morning Snapshot – 13 November 2020

13 Nov 2020 In the domestic spot market, LDPE film continue galloping higher on the back of strong demand and severely lacking supply

12 Nov 2020 LD Film

Local LDPE film market in China surges on improved demand, tight supply

There have been reports that traders are mobilizing cargoes from other regions to the Southern China market following the price hike.

12 Nov 2020

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

Due to the emergency shutdown at the PP and LDPE plant, Shenhua allocates a smaller than usual homo-PP quantity to the auction session this morning.

12 Nov 2020

China Morning Snapshot – 12 November 2020

Traders are watching out for the potential replenishment in the second half of the month as manufacturers might have to prepare for Lunar New Year orders.

11 Nov 2020

Saudi major continues lifting PE offers to China amid tight supply

This is the third week in a row the supplier implements firmer prices to China despite the soft sentiment in this market.

11 Nov 2020

Chinese suppliers maintain PET offers firm amid softer purchasing interest

The regional PET bottle market continued to face pressure now that demand from the polyester sector has weakened as fresh lockdown in the EU hurt textile export orders.