13 Aug 2019
The National Bureau of Statistics of China has released the July 2019 production statistics for PP and PE, which mostly witnessed increases from the previous month.
Despite the minor increases from local producers, most traders prefer to keep prices unchanged while open to negotiation with serious buyers.
12 Aug 2019
Sources informed that the producer is having limited quantity given the up-coming shutdown in September.
The fact that offers continue to go down despite the on-going plant shutdown and the depreciation of the Rupiah against the US dollar has underlined the state of demand in the country.
12 Aug 2019 LL C4 Film PPH Raf SPVC k67-68
The 1909 for September delivery contract night trading on Dalian Commodity Exchange on 12 August 2019 settled as follows:
The 2001 for January delivery contract on Dalian Commodity Exchange on 12 August 2019 settled as follows:
Sentiment in the domestic spot market remains rather steady and despite the heavy maintenance shutdown season among local PP and PE plants.
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