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News Insight & Analysis

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Indonesia’s Chandra Asri shut LLDPE line, canceled shipment to Chinese buyers
24 Jun 2020 It is reported that PT Chandra Asri Petrochemical has been facing difficulties in restarting one of its LLDPE lines following an unexpected shutdown last week.
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24 Jun 2020

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Import PE to China extended the firming trend on supply tightness

At the moment, import LDPE film is returning to the pre-pandemic levels, maintaining a gap of more than $100/ton over LLDPE film.
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24 Jun 2020

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

Trading activities on the auction platform hold steady on the final trading day of the week, especially for homo-PP and LLDPE cargoes.
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24 Jun 2020

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China Morning Snapshot – 24 June 2020

Given the low inventories pressure, it is widely expected that the local ground would remain firm in the post-holiday term.
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23 Jun 2020

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Iranian cargoes face major delay in China

Some of these cargoes have been delayed for nearly a month, and as a result, buyers are seeking alternative sources of materials to meet the immediate demand.
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23 Jun 2020

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

Chinese buyers are returning to the market to make replenishment before taking off for the Dragon Boat Festival.
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23 Jun 2020

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China Morning Snapshot – 23 June 2020

Trading activities in the domestic spot market improve visible toward the mid-day break following a drastic swing in the futures market this morning.
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22 Jun 2020

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Saudi producer implements a large hike on July PE shipmen to Southeast Asia

Regional buyers are a nit reluctant toward the latest price list citing the cloudy outlook ahead amid the continued worsening COVID-19 outbreak elsewhere that potentially slows down the global economic recovery.
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