08 Mar 2021
With the support from the surging energy complex, transactions for both PP and PE on Shenhua auction platform pick up significantly.
It appears that Chinese manufacturers have finally given in the continuous firming trend.
05 Mar 2021
Transactions on the Shenhua auction platform plunged visibly on the final trading day of the week, following the weakness on Dalian Commodity Exchange.
In the meantime, sellers reported slower export sales this week, signaling a possibility that overseas buyers might have replenished the much-needed quantity and started to resist the higher price levels.
04 Mar 2021
It is important to note that supply is not as tight as in other regions given the widely available Chinese cargoes at the price range of $1430-1470/ton CIF Vietnam.
Regardless of the swinging export carbide-based PVC offers from China sellers, regional players are waiting for new prices announcement from a major Taiwanese maker.
Transactions are satisfactory on the Shenhua auction platform this morning, signaling the growing confidence among domestic buyers.
Don't have an account? Register