26 Jul 2021
Manufacturers in the packaging sector are monitoring how quickly end-product buyers resume operation while holding a conservative stance and prefer to consume the on-hand inventories instead of making fresh purchases.
Demand is expected to return in the next couple of days, in the meantime, it is likely that spot prices would remain soft.
The number of transactions on the Shenhua Auction Platform fell sharply on the first trading day of the week.
23 Jul 2021
Domestic spot PP and PE market inched lower following the reductions on Dalian Commodity Exchange.
Trading activities remain satisfactory on the final trading day of the week, highlighting the steady demand condition in China market.
22 Jul 2021 PPH Inj PPH Raf
Vietnamese market participants widely expect the current lockdown measures to be extended by another two weeks as the daily infection caseload shows no real signs of decline.
22 Jul 2021
While market players are relatively confident about the near-term outlook for PE given the steady demand from the food packaging sector, the PP injection market is not having the same level of support.
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