China Morning Snapshot – 01 June 2020

01 Jun 2020 The sentiment in the local spot market is healthy this morning as players become more confident in the domestic demand/consumption outlook while China-USA trade truce remains intact.

29 May 2020 PPH Raf

Vietnamese players: Import homo-PP might be nearing the peak

Import propylene to China hit the cyclical peak earlier this week before enduring three consecutive days of weakening to $765/ton on 28 May 2020.

29 May 2020 PPH Raf

Indian buyers: Local PP market improved as COVID-19 related lockdown eased

Woven bags manufacturers reported having received better orders from both agricultural and cement packaging customers after two months of lockdown that curb businesses.

29 May 2020 PET Bottle

Import PET bottle to Vietnam continues to firm up amid lukewarm demand

The latest offers for Thailand and Chinese PET bottle cargoes inched $10-15/ton higher than the previous week, though transactions are rather mediocre.