03 Feb 2021
Transactions remain mediocre on the auction platform this morning as more players have left for the holidays.
However, arbitrage traders continue to leverage the firming Dalian Commodity Exchange to make last minutes earnings before the holidays kickstart.
It is reported that Myanmar buyers are very cautious at the moment, most prefer to wait on the sideline until the situation becomes more stable.
02 Feb 2021
Propane is a primary feedstock used by propane dehydrogenation (PDH) operators in producing propylene monomer.
02 Feb 2021 PPH Inj PPH Raf
There has been information that international suppliers are focusing on the European and Latin American markets due to the severe supply shortages in these regions that lead buyers to accept import homo-PP cargoes at much higher prices.
Transactions on the auction platform weakened significantly this morning, underlining the reluctant stance among local buyers as the holidays draw near.
Several traders informed of receiving not a single inquiry through the morning session regardless of the lower prices.
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