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Thin fundamentals and muted futures pressure spot PP market

Shandong (JLC), November 22, 2023—China spot PP prices declined in the short run pressured by retreating PP futures, expanding supply and shrinking demand.

11-22-2023 10:47:10

ABS/PS/EPS market lackluster on thin demand, cost pressure

?Shandong (JLC), August 22, 2023--ABS, PS and EPS market was all lackluster in past days of August, on account of pressure of high cost together with thin demand.

08-22-2023 15:03:13

China PE market weakens on thin demand

Shaondong (JLC), March 22, 2023--March is the peak season for traditional recycled plastic demand, but from the current development situation, the market has not shown a trend in the peak season, and

03-22-2023 00:00:00

Recycled PE prices to inch down on thin demand in Jan

Shandong (JLC), January 5, 2022--China recycled PE prices are expected to edge lower in January 2022 given muted demand before the Spring Festival holiday (January 31-February 6).

01-05-2022 17:41:49

China BOPP price moves down on weak cost, thin demand

Shandong (JLC), November 16, 2021--China’s biaxially-oriented polypropylene (BOPP) market prices moved downwards on the whole in November, caused by weakened supports from both cost and demand markets.

11-16-2021 10:33:47

PE market keeps thin amid NCP

Shandong (JLC), February 24, 2020--The PE market was soft due to the supply pressure and the mute downstream demand resulted from the novel coronavirus pneumonia (NCP).

02-24-2020 11:32:56

PP powder market struggles on thin fundamentals

The polypropylene (PP) powder market weakened from February, and offers dropped by CNY100-400/mt. The propylene monomer price continued to decline, and PP powder market followed suit.

02-18-2020 18:09:37

LLDPE market thin on waning demand

Near the end of the year, downstream users’ purchasing interest for LLDPE turned weak due to the declining orders, and the prevailing LLDPE price remained at a range of CNY7,100-7,650/mt.

12-31-2019 11:24:00

PP pipe material thin in demand off-peak season

In December, the demand for PP pipe material was weak, especially in North China.

12-11-2019 15:05:46

PE spot prices inch down on thin demand

PE market showed downward trend over November 18-22 as the demand from downstream market was weak.

11-27-2019 17:01:29

PA6 price slides amid thin upstream

In mid-November, the domestic PA6 market continued to soften, and the spot price fell. Upstream caprolactam market did not improve, thus the support from the cost side was poor. The downstream replenishment operation was cautious and users purchased on a need-to basis.

11-19-2019 16:44:51

PE spot market thin on slack demand

PE market prices were expected to decline as the demand gradually decreased with the end of the peak season, and the market mentality was suppressed as futures prices dropped due to falling international crude oil prices.

10-30-2019 17:03:29

PP market thin in mid-Oct on inventory pressure

In mid-October, the domestic PP market was thin overall and the spot price showed mixed changes.

10-22-2019 16:26:29

Plastics market may continue to be thin in Sept (Part II)

The plastics prices might continue to decline in September as there were many new units put into production at home and abroad, the imports continued to be high, and the downstream demand was sluggish.

09-19-2019 16:52:59

Plastics market may continue to be thin in Sept (Part I)

The plastics prices might continue to decline in September as there were many new units put into production at home and abroad, the imports continued to be high, and the downstream demand was sluggish.

09-19-2019 16:50:28

PP market is weak due to thin demand in Aug

In August, the domestic PP market was weak and the price dropped as the downstream demand continued to be thin due to the need-to basis buying of users, thus the trading atmosphere was flat.

09-06-2019 17:09:40

Thin-wall PP Inj. development analysis

The new demand will definitely lead to new supply-demand structure. In the complex development of PP industry, the overall capacity surged, resulted in fiercer competition and homogenization of PP products.

01-11-2019 17:45:58

PVC to range bound on thin trading after holidays

PVC futures market remained range-bound after the Chinese Lunar New Year holidays and the prices settled lower at CNY6,500-6,700/mt. Spot market kept bleak amid thin trading.

02-24-2018 16:40:42

PVC downstream users remain on sidelines amid thin trading

PVC market players mostly held wait-and-see sentiment on the flat market trading. Downstream plants were cautious about purchasing in the off-peak season in January.

01-22-2018 17:39:24

The takeaway industry promote the development of PP thin-wall Inj. product

The boom of China takeaway industry raised the development of PP industry. The advantages of PP products attract more users, such as low cost, good heat resistance, good impact resistance, etc.

08-22-2017 17:57:04

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