07 Sep 2020
It is expected that domestic offers might witness minor correction in the coming days in order to stimulate pre-Golden Week replenishment.
04 Sep 2020
Players expected the market might be nearing the peak and prefer to be more cautious.
Although customers are still inquiring for LDPE film, the upper end of the overall price range is now facing stiff resistance.
03 Sep 2020
Sources become concerned over the sustainability of the current firming trend citing the lack of demand.
It appears that sentiment in local China market turns sour toward the end of the week with a sloppy number of deals recorded on the auction platform.
Regardless of the weaker futures market, local suppliers continue to lift offers to reflect the lack of inventory pressure.
02 Sep 2020 SPVC k67-68
The hike reflected the recent firming trend in the international market that is a result of tighter supply and recovering demand as more countries ease COVID-19 related lockdown.
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