07 Jun 2022
Regardless of the dwindling Dalian Commodity Exchange, Chinese bidders remain active on the Shenhua auction platform. This is reflected in the strong number of transactions recorded amid higher prices set by the supplier.
07 Jun 2022 PPH Inj PPH Raf
Reduced competition, other sellers show no hesitation in lifting new offers to Vietnam this week. Price list from key Indian and Thailand makers jumped $40/ton week-on-week...
07 Jun 2022 SPVC k64-65 SPVC k67-68
Demand for PVC in Indonesia remains soft this month, market sources said, as the housing market shows little improvement from the previous quarter.
07 Jun 2022 SPVC k64-65 SPVC k67-68 SPVC (A) k67-68
While import offers are galloping higher, demand condition remains mediocre in India this week amid the monsoon season. Besides, the local market is bloated with Chinese cargoes purchased previously.
Trading activities hold largely stable in the domestic spot market. Converters selectively make small replenishment at the lower end of the overall price range while waiting for real uptick in end-product demand.
06 Jun 2022
Chinese buyers returned from the long weekend holiday with a great appetite for replenishment, especially as Shenhua agreed to lower deal prices compared to last week.
A major Indonesian producer has surprisingly opened new price list on Saturday, 4 June 2022 with increases in PP cargoes, reflecting the rebound in the import market. Meanwhile, spot PE offers remain on the softening track.
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