11 Aug 2020
Market players are watching out for the PP fibre from the produce as its availability has been inconsistent in recent days.
In the meantime, sources informed that customers are still actively looking for prompt LDPE film cargoes to meet their immediate needs.
10 Aug 2020
The new offers for both Singaporean and USA origin cargoes fell $20-30/ton from the previous week due to dwindling demand in this market.
Buyers are comparing the price list with the competitive offers available in the distribution market and several have expressed the intention to place steep bids to obtain small quantities.
Transactions are rather sluggish on the first trading day of the week regardless of the smaller quantity available for auction and lower deal prices.
Traders are watching out for the next movement from the local producers before making any adjustment on their own cargoes.
07 Aug 2020
The latest transactions set a new low in the market and buyers are setting a new benchmark in negotiating with other suppliers.
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