25 Mar 2021
As prices inch another notch lower from the previous trading day, buyers are more willing to make replenishment.
Sources reported steady purchasing activities in the local ground toward the end of the week, though buyers are more selective in term of prices.
24 Mar 2021
The large price cut indicates the state of demand in Vietnam and the downward pressure that has been building up after the plunged in ethylene costs.
24 Mar 2021 PPH Inj PPH Raf
Back in the local China market, demand has been sluggish because manufacturers are unable to transfer the higher raw materials costs to end product prices while operating rates among local PP plants remain relatively high.
Transactions remain sluggish for third straight session this week, underlining the lack of purchasing interest among buyers even prices have fallen day-on-day.
Dalian Commodity Exchange completed the first half of the trading day in negative territory; however, the extent of price reduction has narrowed substantially.
23 Mar 2021
Chinese players are seeing weakening local sentiment after the May 2021 delivery contract on Dalian Commodity Exchange fell continuously for the past five out of seven trading days.
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