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News Insight & Analysis

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04 July 2024 - Shenhua's coal-based PP and PE Auction Results
04 Jul 2024 Shenhua Auction Platform concluded today’s session with a marginal decline in the auction volume for homo-PP grade, which was attributed to the weakened futures trading.
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03 Jul 2024

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Strong emergence of South Korean PP and PE in China sparks concerns over near-term outlook

While some industry insiders have noted easing booking fees from China’s main ports to several routes, South Korean sellers have not experienced the same relief.
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03 Jul 2024 PPH Inj PPH Raf

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Chinese suppliers lifted export PP offers as the local market rose to multi-month highs

The market is in mid of the seasonal lull, prompting a number of small-scale manufacturers to temporarily halt production to manage rising finished goods inventories.
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03 Jul 2024

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China Morning Snapshot – 03 July 2024

Many small-scale converters in both the PP and PE sectors have reduced operating rates to manage accumulating finished goods inventory
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03 Jul 2024

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03 July 2024 - Shenhua's coal-based PP and PE Auction Results

The coal-based producer implemented a CNY 50/ton increase in auction prices for both PP and PE cargoes. Despite this hike, buyers found these parcels more attractive than spot materials.
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02 Jul 2024

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China Morning Snapshot – 02 July 2024

A sustained rise in the futures market and a rapid drawdown in inventory provide a solid foundation for Chinese producers to raise spot polypropylene (PP) and polyethylene (PE) offers.
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02 Jul 2024

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02 July 2024 - Shenhua's coal-based PP and PE Auction Results

Interestingly, the coal-based producer opted for a more conservative stance by maintaining auction prices stable regardless of the rising futures contract on the Dalian Commodity Exchange.
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01 Jul 2024

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Price List: Zhongjing rollover export PP offers amid challenging overseas market conditions

A source close to the producer expressed concerns about securing deals, citing high ocean freight rates as a significant obstacle.
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