10 Aug 2023
With the futures market continuing to ascend upwards, local producers introduced incremental changes by raising spot PE prices by CNY ...
The Shenhua auction platform continued to garner convincing trading activity with both homo-PP and LLDPE almost securing full deals despite being ...
09 Aug 2023
Despite the surges in the futures market, overall market sentiment leaves room for improvement as buyers continue to
Trading activity on the Shenhua auction platform continued to perform on the higher end as LLDPE secured more than
08 Aug 2023
Although the market outlook in India and China has improved, concerns over the global economic slowdown continue to weigh on buyers’ confidence.
On the other hand, local traders started feeling the pinch of a persistently softening purchasing interest.
The overall buying sentiment remains significantly jaded this week as trading activity on the Shenhua auction platform reduced considerably especially for LLDPE despite both homo-PP and LLDPE being CNY50/ton lower than the previous session.
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