11 Dec 2020
Customers are not having the appetite to proceed with purchases, reflecting the weak demand condition in this market.
The on-going environmental inspection in Shandong, Hebei and Henan province forces many HDPE bags converters to shutdown plants.
10 Dec 2020
The supply for HDPE blow molding is very short at the moment, therefore, the principal supplier prefers to keep the quantity for the local market.
The increases do not seem to concern buyers, who actively making replenishment at the new prices.
Meanwhile, compared to 2019, both domestic production output and import arrivals for HDPE registered strong growths.
Sentiment has improved compared to the past several trading days, reflected in the strong number of deals.
Traders informed that the higher spot offers attract very limited purchasing interest and that customers are only buying in small quantities.
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