14 Apr 2021
The continuous weakening Dalian Commodity Exchange affects the local sentiment negatively as buyers await larger price cuts from spot trading.
13 Apr 2021
In Southeast Asia, many buyers have turned to competitive Chinese materials over the past weeks though demand is not very strong.
12 Apr 2021
Vietnamese buyers portray stiff resistance toward the new prices, especially after domestic spot offers inch lower due to the persistently sluggish demand condition.
Sources said that buyers remain reluctant to make purchases while expecting further reductions to emerge in the coming week.
The number of transactions are rather sluggish this morning, reflecting the lack of confidence in the near term outlook among Chinese bidders.
The price reductions do not appear attractive to customers, who are seeking larger discounts considering the sharp decreases on the futures market.
10 Apr 2021
It is expected that the regional propylene market would remain on the softening trend in the near term, considering the weaker demand from the downstream PP market.
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