06 Nov 2020
There have been some improvements in term of sentiment on the final trading day of the week compared to the previous session.
Inventory digestion rate remains weak with total PP and PE stocks at Sinopec and CNPC’s warehouses only down...
05 Nov 2020
The number of transactions recorded this morning remained low despite the fact that prices have softened slightly.
Sentiment weakens visibly toward the end of the week as buyers resist higher prices after secured the needed quantities earlier this week.
04 Nov 2020
The number of deals recorded on the auction platform this morning weakened slightly compared to the previous day as buyers resist higher prices.
Sentiment is rather calm in the domestic spot market as players await election results in the USA that could indicate diplomatic and economic policies moving forward.
03 Nov 2020
Meanwhile, regional buyers are waiting for international suppliers to open new PVC offers for December shipment, which is expected to register a $50-60/ton increase from October.
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