China: Auction sales result for Shenhua's coal-based PP and PE

09 Dec 2020

Transactions on the Shenhua Auction platform remain mediocre today, especially or homo-PP cargoes as players resist the current prices.

09 Dec 2020

China Morning Snapshot – 09 December 2020

Buyers would only buy small quantities to meet their immediate needs even if suppliers are willing to offer discounts.

08 Dec 2020

Apparently, it is more difficult to locate vessels and containers for Southeast Asia for January loading than other markets.

08 Dec 2020

A source close to the producer informed that supply has improved compared to the previous month, however, still need more time to normalize.

08 Dec 2020 PPH Inj PPH Raf

In doing so, these manufacturers hope to reduce demand for PP cargoes that could force a price correction in the local market.

08 Dec 2020

Sentiment dims again this morning on the auction platform, resulted in a rather disappointing number of transactions.

08 Dec 2020

According to local players, buyers are less active in making new purchases even after the discount observed on the spot PP cargoes.

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