16 Nov 2023
This morning's local PP and PE sales have witnessed moderate activity, with buyers displaying resistance to the firmer prices set by local producers.
Key PP and LLDPE contracts on the Dalian Commodity Exchange witnessed a steadfast and firm range throughout the first half of the trading day, contributing to an overall positive outcome
15 Nov 2023
However, market deals were characterized as moderate, with buyers exercising caution and refraining from aggressively pursuing the rebound trend.
Trading sentiment on the Shenhua auction platform improved significantly thanks to the support from the rebounding Dalian Commodity Exchange.
14 Nov 2023
After receiving poor responses from the market to December shipment offers in the previous week, a key Malaysian producer agreed to step back on the price list
Customers once again, flock to the Shenhua auction platform to secure the coal-based PP and PE cargoes at more attractive price levels while waiting for regular material prices to drop further.
Following a dive on the first trading day of the week, purchasing activities on the Shenhua auction platform rebounded sharply in today’s session.
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