05 Feb 2024
In a surprising development, a major local Indonesian producer lifted spot PE sharply on the first trading day of the week, taking turn from the peer grade – PP.
The domestic spot market kickstarted the week with minimum trading activities amid the absence of buyers and the softening futures contract.
04 Feb 2024 SPVC k67-68 SPVC (A) k67-68
The ebbing spot transactions coupled with the dwindling futures contracts on the Dalian Commodity Exchange pressure local suppliers to step back on their price lists.
03 Feb 2024
Apparently, the import quota regulation also encompasses Monoethylene glycol (MEG) under the HS code 290531. Data from TradeMap showed Indonesia imported nearly
02 Feb 2024
Trading sentiment remains weak and is expected to worsen in the coming days as market participants officially taking off for the long holiday ahead.
On the other hand, Shenhua offered CNY50/ton discounts on homo-PP, which helped the maker to achieve a rather satisfactory transaction.
01 Feb 2024
Propane is a primary feedstock used by propane dehydrogenation (PDH) operators in producing propylene monomers.
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