27 May 2020
The absence of inventories pressure is supporting sellers to maintain a firm stance on the cargoes, yet any further price increments might bump into stiff buyer resistance.
26 May 2020
While import PE dropped about 9% month-on-month on average, import PP witnessed an impressive increase of 19% during the same period.
26 May 2020 HD Film LL C4 Film
Apparently, the PE market in Vietnam took two to three weeks to respond to the rebound in the nearby Chinese market, which embarked on the upswing since late March.
Shenhua Baotou Coal Chemical Co is currently the largest coal-based polyolefins producer in China, operates under four subsidiaries.
Buyers started to evaluate the current market prices, citing the inability to implement increases on the end-products.
25 May 2020
Buyers are negotiating for discounts to make replenishment with the belief that the market might continue the journey north in the near term.
Transactions for homo-PP cargoes remain satisfactory on the first trading day of the week, however, other cargoes do not attract similar interest.
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