13 Nov 2023
According to market participants, the latest price adjustments, while reflecting the market movement, appear unattractive to many converters.
Key PP and LLDPE contracts on the Dalian Commodity Exchange ended the morning session with three-digit drops as investors retreated to the sidelines amid the liquidity crunch.
Chinese bidders seemed to abandon the Shenhua auction platform on the first trading day of the week after key contracts on the Dalian Commodity Exchange nosedived more than CNY100/ton at the start of the session.
10 Nov 2023
A number of Chinese trading houses also scour the Southeast Asian market, hoping to secure duty-free parcels
In the meantime, there have been discussions that import arrivals might decline in October and November due to the lack of restocking activities previously.
Trading activities on the Shenhua auction platform rebounded sharply on the final trading day of the week as the coal-based producer managed to deplete all available auction quantities.
09 Nov 2023
Indonesian customers remained relatively conservative amid the dwindling finished goods demand. In the meantime, supply is comfortable.
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