16 Apr 2021
The number of deals recorded on the final trading day of the week is rather satisfactory even prices inch slightly higher than the previous session.
Buyers are not very optimistic about the local market trend citing the potential buildup in inventories throughout the Labor day holiday.
15 Apr 2021
It is reported that purchasing interest among Indian customers has been weakening amid a new wave of COVID-19 infection in the country that prompted partial lockdown and curfews in several states.
The number of transactions on the Shenhua auction platform improved significantly this morning compared to the previous session partially thanks to the rebound in the crude oil market.
There have been constant reports on the active forward selling activities among local traders for May delivery cargoes.
14 Apr 2021
As reported earlier, all PE film grades in the local market are currently traded below import offers, which discourages buyers from sourcing import materials.
In spite of lower deal prices, Chinese bidders portray a seriously lacking interest in proceeding with purchases for homo-PP cargoes.
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