21 Mar 2022
Sources said that manufacturers in many areas are still coping with factory outbreaks, and hence, temporarily in no rush to make additional purchases.
18 Mar 2022
Surprisingly, the number of deals on the Shenhua auction platform surge sharply on the final trading day of the week,
Both producers and traders are facing storage pressure due to the logistics constraints, which is expected to persist in the coming days.
17 Mar 2022
Shenhua auction platform concluded the trading day with a mediocre number of transactions as the producer attempted to lift deal prices.
The stronger futures market in addition to the mass production cuts allows suppliers to maintain a firmer stance on spot PP and PE offers.
16 Mar 2022
With the sharp discounts on deal prices, Chinese bidders are more willing to off-take the cargoes on Shenhua auction platform today.
Traders have more risk appetite as COVID-19 control measures are not as strict as expected, which lightens the market prospect.
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