14 Jan 2020
Though the market has very much expected some price increases due to the supply tightness, buyers are still uneasy with such drastic upswing.
No deals have been recorded at the time of this report as players are mostly withdrawing to the sideline in preparation for the Lunar New Year holiday.
Shenhua Baotou Coal Chemical Co is currently the largest coal-based polyolefins producer in China, operates under four subsidiaries.
Sources reported that sellers are holding a firmer stance on spot cargoes.
13 Jan 2020
The sharp upswing has players wondered if the market has reached the cyclical peak at the moment.
Sources believed that there might be some last minutes purchases this week, which could keep the market steady.
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