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News Insight & Analysis

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China Morning Snapshot – 18 February 2021
18 Feb 2021 Sentiment on the first trading day after the long Lunar New Year holiday is rather strong, driven primarily by the international market development over the past several days.
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17 Feb 2021

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Polyolefins producers affected by severe weather condition in the USA

A number of petrochemical producers along the US Gulf Coast have either experienced unit upset and flaring or declared force majeure following a winter storm that caused a widespread power outage and frozen water supply.
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17 Feb 2021

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Indonesian maker up-adjusted PP, PE prices the fourth time this week

There have been reports that major Indonesian suppliers have been receiving a good number of inquiries from South American buyers at higher prices.
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17 Feb 2021 PPH Inj PPH Raf

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Import homo-PP to Indonesia jumped as international suppliers turn focus on S. America market

Supply from Vietnam might curtail in the coming week following a production issue at Nghi Son Refinery and Petrochemical’s plant.
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09 Feb 2021

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Thailand homo-PP move higher in Vietnam amid tightening supply

At the time of this report, the producer has set the final price for these cargoes at the offered levels, without any additional discount.
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09 Feb 2021

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Indonesian buyers return to the local ground as import market tightened

There have been reports that supply for homo-PP and PE in Medan is especially tight and buyers tend to accept firmer price levels than other areas.
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09 Feb 2021

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

Transactions on the auction platform have fallen drastically as players are no longer interested in making purchases.
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09 Feb 2021

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China Morning Snapshot – 09 February 2021

Sentiment in the domestic spot market remains sluggish on the second trading day of the week as buyers have already taken off for the holidays.
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