30 Oct 2020
Sentiment dims on the final trading day of the week as the supplier attempted to lift deal prices.
Chinese customers are concerned over the potential impact of the falling energy complex on the market outlook.
29 Oct 2020
Transactions remain relatively healthy for most of the grade even at higher price levels compared to the previous day.
The smooth inventory digestion is supporting sellers to hold a firm stance on the cargoes.
28 Oct 2020
Sentiment improved significantly by mid of the week reflected in the strong number of deals registered on the auction platform.
A number of local traders informed of having achieved monthly sales targets, from which there is no pressure to implement additional price cuts for the remaining of October.
The falling upstream ethylene costs and the weakening HDPE film market in China started to take toll on market confidence across Southeast Asia region.
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