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News Insight & Analysis

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China Morning Snapshot – 31 July 2020
31 Jul 2020 Domestic supply is expected to improve substantially in August as producers resume operation after completing the maintenance shutdown schedule.
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30 Jul 2020

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Southeast Asian suppliers cut homo-PP offers amid persistently stiff resistance

Buyers are sensing the growing sales pressure among suppliers despite the constant claims of having limited availability due to the persistently sluggish demand condition.
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30 Jul 2020

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Import PE to China faces correction following months of firming up

At least three Middle Eastern producers have stepped back on the weekly offers to China this week amid softer interest on import cargoes, especially for LLDPE film.
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30 Jul 2020

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

Toward the end of the week, auction volume dropped significantly from the previous trading day, yet the sales results remain below expectation.
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30 Jul 2020

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China Morning Snapshot – 30 July 2020

Although suppliers mostly claimed to have achieved sales target for July, sources are seeing very sluggish response for August delivery.
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29 Jul 2020 LL C4 Film

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Middle Eastern LLDPE film concluded below $900/ton mark in Vietnam

Most cargo takers are manufacturers while local traders prefer to adopt a more cautious stance after the country re-imposes partial lockdown in the central city of Da Nang as the second wave of COVID-19 emerges.
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29 Jul 2020

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

The government has announced a series of promotional and festive plans that aim to spur domestic consumption moving forward amid falling export orders.
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29 Jul 2020

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China Morning Snapshot – 29 July 2020

In the meantime, it appears that local producers have achieved the monthly sales target, hence, might hold offers on the stable to firmer track for the remainder of the month.
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