28 Mar 2023
Thanks to the strong rebound on the energy complex, Chinese bidders are more confident in proceeding with new purchases on the Shenhua auction platform this morning.
27 Mar 2023
Indeed, Southeast Asian customers have been relatively firm on their buy ideas for homo-PP yarn and injection below the $1000/ton threshold based on CIF terms.
In March, the producer skipped all spot offerings for LLDPE film due to a scheduled maintenance shutdown at one of the production lines, which curtailed supply sharply. Market sources said availability for this month remains relatively limited.
Following a brief attempt to keep the local market stable, a key domestic producer in Indonesia continued to down-adjust spot PP and PE offers lower over the weekend on heightened competition
Although buyers shy away from the market throughout the early trading hours, local producers maintain spot PP and PE offers on the stable to firmer track
The number of transactions concluded is rather satisfactory even though Shenhua lifted deal prices slightly from the previous session.
23 Mar 2023
This week, the demand condition in China started to show a clearer sign of improvement for two visible reasons. Firstly, the widespread anticipation of the continued improving domestic consumption.
Don't have an account? Register