16 Sep 2021
Buying sentiment in the local China market remains healthy toward the end of the week as the market increasingly become concerned over the coal and electricity consumption limitations
16 Sep 2021 LD Film
The three consecutive months of constant price hike has sent the domestic spot LDPE film market to six-month highs with no sign of a slowdown in the coming days.
15 Sep 2021
Following the sharp hike in the futures market, local suppliers implemented fresh hikes on both PP and PE cargoes, shrugging off the resistance from buyers.
Earlier this week, two key PET producers within the region have lowered operating rates or announced unscheduled maintenance shutdowns.
Chinese bidders remain confident in making new purchases, reflected in the healthy level of transactions achieved.
14 Sep 2021
Demand in the local Vietnam market has yet to show any strong improvement as the country extended the strict movement restrictions until the end of September to curb the COVID-19 infection spread.
Chinese buyers are holding a conservative stance and prefer to buy hand-to-mouth basis, especially among woven bag manufacturers due to the squeezed profit margins.
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