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News Insight & Analysis

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China: Auction sales result for Shenhua's coal-based PP and PE
12 Nov 2020 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.
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12 Nov 2020

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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.
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11 Nov 2020

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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.
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11 Nov 2020

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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.
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11 Nov 2020

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

Sentiment has improved compared to the previous trading day, yet, buyers are not in the mood for aggressive purchases.
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11 Nov 2020

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China Morning Snapshot – 11 November 2020

Manufacturers here are not having high on-hand stock and decided to make replenishment as prices go softer.
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10 Nov 2020

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Indonesian PP buyers turn to import market as local offers hit multi-year highs

Indonesian buyers are becoming more and more reluctant in accepting the latest hike in domestic offers amid squeezed profit margins.
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10 Nov 2020

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

Transactions on the Shenhua Auction Platform pick up significantly this morning in line with the rebound in the international equity market following the positive news on the COVID-19 vaccines.
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