19 Nov 2020
Chinese bidders continue to portray a strong appetite for making replenishment even at a higher price level toward the end of the week.
Even HDPE, once regarded as the weakest performing grade in the market, has now regained the momentum.
18 Nov 2020
Local supply remains very tight this week amid production issues at one of the domestic plants and the new customs rules that bottleneck the inflow of import arrivals.
Players prefer nearby cargoes for the concerns that USA producers are restarting plants, from which an increasing number of offers for post-Lunar New year arrivals has emerged in recent days.
Sentiment in the domestic spot market once again picks up significantly by mid of the week despite the substantial price hike compared to the previous day.
Sentiment remains healthy in the domestic ground, sources said as buyers continue to make replenishment in preparation for the Lunar New Year orders.
17 Nov 2020
Transactions dropped visibly on the second trading day of the week as players take a step back in resistance to the firmer deal prices.
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