20 Dec 2022
Chinese bidders once again actively procure cargoes on the Shenhua auction platform after the producer slashed coal-based homo-PP prices by CNY110/ton from the previous session.
19 Dec 2022
In Vietnam, the increases are much expected considering the recent active replenishment activities in China that helped most overseas sellers to deplete the on-hand stocks.
A major domestic producer in Indonesia announced fresh PP and PE offers to domestic buyers with minor increases compared to the previous price announcement, mostly to reflect the exchange rates
Business confidence fell to the lowest level since January 2013 as the outbreak hit the trading floors in Beijing and Shanghai.
Despite the dwindling performance on the Dalian Commodity Exchange, Chinese bidders remained active on the Shenhua auction platform on the first trading day of the week.
15 Dec 2022
In the immediate term, real demand is subdued. Still, market participants are betting forward, expecting the demand to pick up in February – March 2023.
Despite the struggling futures market, spot PP and PE offers continue to track a stable to firmer trend toward the end of the week.
Don't have an account? Register