05 Jul 2021
Trading sentiment in the domestic ground remains healthy on the first trading day of the week, supported by the resilient Dalian Commodity Exchange.
The downstream PE market has been picking up over the past weeks, though prices have yet to register any major hikes to cover the rising ethylene costs.
The number of transactions achieved on Shenhua’s auction platform remains healthy on the first trading day of the week
02 Jul 2021
Trading sentiment in the local market has shown a slight improvement from the previous day as more buyers decided to make additional purchases in anticipation of further increase ahead.
Chinese bidders remain enthusiastic about making purchases on Shenhua’s auction platform on the final trading day of the week.
01 Jul 2021
Customers actively hunt for the grade, especially cargoes priced below the $1150/ton threshold, expecting the current firming trend could last for weeks.
Trading activities in the domestic spot market hold stable with arbitrage traders are more active than other buyers in off-taking local cargoes.
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