19 Apr 2022
In the meantime, it is important to note that a large of Vietnamese buyers remained cautious about the near-term outlook, hence, refraining from making large purchases.
The logistics bottleneck started to ease as sellers are now able to deliver the previously locked-up parcels.
18 Apr 2022
Chinese bidders returned to the market on the first trading day of the week after the futures market rebounded from the previous session.
A Taiwanese producer unexpectedly cuts May PVC shipment offers, shrugging off the rising upstream crude oil prices that were initially expected, together with the reduced allocations that would support firmer prices.
Buy ideas for LLDPE film among Vietnamese customers are below the $1350/ton threshold at the time of this report.
The Indonesian market is officially off from 28 April to 8 May; however, converters have been gradually winding down operations since the previous week claiming the lack of end-product orders.
Demand might return before the Labour Day holiday especially when the Chinese government is stepping up measures to stabilize the supply chain while might allow some businesses to resume operations.
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