07 Jul 2020
The producer continues to offer zero volume for LDPE and HDPE.
07 Jul 2020 SPVC k67-68 SPVC (A) k67-68
The uptrend is expected to persist in near term now that several local producers claimed to have sold out the allocation for August delivery.
The sudden uptick in demand in addition to the persistent supply tightness would support the uptrend moving forward.
06 Jul 2020
The local market on the first trading day of the week is stimulated by the healthy equity market and the potential tightening supply from coal-based producers.
It is reported that the domestic spot ground is rather active this morning thanks to the surging equity and futures market.
03 Jul 2020
Chinese bidders appear more active on the final trading day of the week, resulted in better transactions for both PP and PE.
Local manufacturers continue to source material hand-to-mouth basis, yet, local traders are not aggressively pushing for forward selling considering the lack of spot availability at the moment.
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