13 Dec 2021
The number of transactions abruptly pick up on the first trading day of the week as Shenhua agreed to conclude deals for homo-PP at lower levels compared to the previous session
Besides, manufacturers have made comfortable replenishment to cover the immediate needs, while end-product businesses for December are not up to expectations.
Vietnamese buyers are portraying a reluctant stance given the long lead time. The supplier set the last shipping date on 15 April 2022.
Besides, there have been reports that several coal mines in the Shaanxi region have been heavily fined and ordered to suspend production for breaking regulations.
10 Dec 2021
Chinese bidders seem less interested in making replenishment on the final trading day of the week given the bearish outlook ahead.
Spot trading is not active. However, Chinese traders said that buyers continue to place orders for end of January to February delivery,
09 Dec 2021
Chinese bidders continue to show healthy purchase appetite on the Shenhua auction platform as the producer maintain prices largely unchanged from the previous session.
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