08 Nov 2021
Chinese buyers continue to seek spot LLDPE and LDPE film cargoes to meet the strong demand from the food packaging and agricultural film sector as the winter takes place.
05 Nov 2021
Given the substantially lower allocation compared to the previous session, Shenhua Auction Platform concluded with a healthy number of deals
Responses in the LLDPE film market seem much stronger than PP as limited import arrivals started to impact local availability.
04 Nov 2021
The domestic spot market in China resumed falling after a brief gain at the beginning of the week as coal supply improves visibly and the government introduces more measures to ensure a stable coal supply.
In spite of the little changes in deal prices, Chinese bidders show little interest in procuring additional homo-PP cargoes toward the end of the week
Demand in Indonesia has been softening throughout the week, forcing local suppliers to reduce offers several times in a span of a few days.
The domestic spot market attempted to limit the extent of reductions claiming manageable inventory levels, however, transactions are thin.
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