06 Jan 2021
A number of manufacturers are encouraging employees not to travel this Lunar New Year to avoid the spread of the COVID-19 by giving numerous incentives.
The large location gap between China and Southeast Asia is raising a lot of questions among buyers, who expect large discounts on most grades in the coming days.
05 Jan 2021
Industry experts believed that China would continue to depend less on the import market for HDPE in 2021 thanks to the strong growth in local production.
05 Jan 2021 PPH Inj PPH Raf
Purchasing interest in the domestic market has seen improvements since the beginning of the week, pushing local prices higher.
As more manufacturers resume operating, purchasing activities on the auction platform have also improved significantly.
Sources said that the local ground might continue to improve in the coming week before manufacturers once again winding down operating rates.
04 Jan 2021
Besides, the Yuan is appreciating against the US dollar, making it cheaper to buy imports at the moment.
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