22 Feb 2021
Demand in Indonesia has slowed down compared to the previous week as buyers are unable to accept the current prices.
Transactions are strong on the auction platform this morning as supply appears tightened following aggressive export activities among local suppliers.
Sources said that buyers in Eastern and Northern China are less active in making purchases, however, sentiment in Southern China is rather strong.
20 Feb 2021
Apparently, Chinese suppliers are heavily concentrating on the export market for better profit margins before local buyers fully return from the long Lunar New Year holiday.
19 Feb 2021
The increases in SM prices are especially steep this week following a series of plant outages in Japan and the USA after natural disaster struck the two countries.
Sentiment slows down a little compared to the previous trading day as players decided to wait for clearer market direction in the coming week.
Meanwhile, sources informed of active inquiries for homo-PP to the export market and the mainstream offers are...
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