20 Sep 2022
It appears that Chinese bidders are growingly interested in LLDPE cargoes on speculations that import arrivals for this grade would be low in September.
On the second trading day of the week, sellers here are more active in offering to the export market, taking advantage of the firming trend overseas.
19 Sep 2022
Buying sentiment on the Shenhua auction platform abruptly picks up on the first trading day of the week as the producer elected to lower deal prices.
For another week, major Chinese producer – Zhongjing Petrochemical lowers export PP offers despite the fact that regional market has been inching higher on the back of tighter supply.
A major Saudi Arabia producer has opened October shipment offers for PE to Southeast Asia with increases, a price decision market participants have widely expected.
The Dalian Commodity Exchange reflects the general development in the Asian equity market to remain soft ahead of the FED meeting, which is expected to see another large increase in the key interest rates.
17 Sep 2022
Competition in the woven bag sector is intense, hence, it only makes sense if customers are cautious about which price levels to accept.
Don't have an account? Register