08 Dec 2023 PET Bottle
Following a brief stabilisation, an Indonesian PET bottle producer resumed cutting spot offers to the domestic market as the heavy influx of overseas supply weighs on the sentiment amid the falling energy complex.
08 Dec 2023
Several key international suppliers reported having achieved satisfactory transactions in India this week with at least one Middle Eastern producer claiming to sell out December allocations.
In response to the firmer market note, local sellers predominantly increased prices this morning. However, buyers exhibit resistance to the higher offers, particularly as the weekend approaches.
Despite the apparent decrease in auction price for homo-PP, market players clarified that this was due to additional cargoes from a northern warehouse entering the auction.
07 Dec 2023
As the Shenhua attempted to lift auction prices to reflect the minor rebound on the Dalian Commodity Exchange, the number of deals achieved in today’s session dropped slightly from the previous day.
06 Dec 2023
As the uptrend in the local Indonesian homo-PP market extended to the second week, international suppliers started lifting their offers, effectively halting the three-month losing streak.
06 Dec 2023 HD Film LD Film LL C4 Film
The HDPE film market in China especially catches attention. The supply tightness that elevated the grade across the global market in the second and third quarters of 2023 seems subsiding.
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