25 Aug 2021
Sluggish demand, stiff resistance, and downward pressure from the competitive local market are the primary factors forcing a key Qatari producer to step back on the weekly PE offer to China, particularly for LLDPE film grade.
The reopening of the Meishan terminal at the Ningbo-Zhoushan port – the world’s third busiest container port would allow buyers to unload parcels that were stuck at the port over the past two weeks.
The producer allocated a smaller allocation to the auction session today, however, the transactions are not as strong.
24 Aug 2021
A Saudi Arabia producer has announced September shipment offers for PE to the China market with large increases on ...
Chinese customers are questioning the sustainability of the current firming trend in the import ground, expecting two possibilities.
As the month-end approaches, sources expected sellers to offer discounts or be open to negotiation to deplete more on-hand cargoes.
The sharp rebound in crude oil prices and the Dalian Commodity Exchange fuel buying interest for coal-based cargoes on Shenhua auction platform
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