23 Dec 2022
The latest data from the Chinese Customs Department showed that import PE arrival to the country in the month of November 2022 hit the highest levels since March this year,
22 Dec 2022
The latest data from the Chinese National Bureau of Statistics showed that the total PP, PE, and PVC outputs in the month of November 2022 fell 5.2% from the previous month
Trading activities in the domestic market decline further as more people contracted the COVID-19 virus.
In spite of the rising number of infection cases that impact the trading sentiment in the spot market, Chinese bidders remain active on the Shenhua auction platform.
21 Dec 2022 LL C4 Film
The current consensus is that with the optimism surrounding China reopening and the reduced inventory pressure among suppliers, the market is likely to track a stable to firmer trend in the coming weeks.
21 Dec 2022
Deals have been achieved at the lower end of the overall price range, though most transactions are in small quantities.
Transactions on the Shenhua auction platform remain healthy for the third consecutive days for the fact that coal-based cargoes are still more competitive than spot market at the moment.
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