22 Jan 2021
As reported earlier, the producer is not having a high allocation for PP block copolymer due to an on-going shutdown at the unit.
Market sources said that Middle Eastern LLDPE film available earlier this week at $1000/ton CFR China have all been sold out.
Chinese buyers actively returning to the market to make replenishment on the final trading day of the week thanks to the rebound in the futures market.
It appears that locating trucks for prompt delivery is getting more difficult as logistics companies started to let drivers to leave for holidays.
There has been information that home appliance manufacturers continue to receive a healthy number of orders from the US and the EU customers.
21 Jan 2021 PET Bottle
As reported earlier, the upstream PTA and MEG costs have been riding on the strong energy complex in recent weeks.
21 Jan 2021
Compared to the previous several sessions, deals on the Shenhua auction platform has fallen visibly toward the end of the week.
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