17 Jul 2020
Shenhua Baotou Coal Chemical Co is currently the largest coal-based polyolefins producer in China, operates under four subsidiaries.
Buyers continue to wait on the sideline as the flood hurt demand while escalating tension between China and the USA add more uncertainties to the outlook.
16 Jul 2020
The constantly weak transaction clearly underlined the lack of confidence among local buyers.
After four straight days of dwindling transactions in the domestic ground, it appears that traders become more concerned over the demand condition.
15 Jul 2020
Local manufacturers prefer to wait for lower prices considering the unfavorable macro-environment.
There are reports that inventories in the distribution market started to pile up, though, still not significant enough to cause major price cuts.
14 Jul 2020 SPVC k67-68
It is expected that Indian buyers would quickly off-take the available quantity due to the lack of supply in this market.
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