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News Insight & Analysis

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China Morning Snapshot – 08 December 2020
08 Dec 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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07 Dec 2020

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

After a week of sluggish sentiment, trading activities on the auction platform rebounded strongly on the first trading day of the new week.
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07 Dec 2020

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China Morning Snapshot – 07 December 2020

Local suppliers are responding to the rebound on the futures market to implement some increases on spot PP and PE cargoes.
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04 Dec 2020

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Chinese homo-PP emerges in Vietnam; local sentiment softened

Sentiment in the local Vietnam market calms down toward the end of the week as new COVID-19 cases spurred fear of lockdown that could potentially hurt demand.
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04 Dec 2020

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

As the concluded price for homo-PP reduced compared to the previous trading day, especially the lower end of the overall price range, customers become more active in making purchases.
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04 Dec 2020

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China Morning Snapshot – 04 December 2020

Customers decided to make some replenishment after obtaining additional discounts.
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