24 Oct 2024
24 Oct 2024
Trading activity on the Shenhua Auction Platform experienced a slight decline compared to the previous session, although it remained within acceptable levels. A dwindling futures contract on the Dalian Commodity Exchange has tempered aggressive replenishment activities
23 Oct 2024
However, Indonesian converters are approaching these price adjustments with trepidation. Despite a general uptrend in the Indonesian import market for homo-PP throughout October, buyers remain hesitant.
23 Oct 2024
Despite the rebound in futures prices on the Dalian Commodity Exchange, local suppliers chose to maintain spot PP and PE prices steady day-on-day. This pricing strategy, designed to stabilize market conditions, seems to have encouraged some buyers to resume replenishment activities.
23 Oct 2024
22 Oct 2024
The region continues to grapple with comfortable supply and subdued demand, even during what is typically a stronger post-monsoon season in India. Initial optimism around the Chinese government’s initiatives to stimulate its faltering property sector has quickly dissipated
22 Oct 2024
While this move was widely anticipated, the reaction from the market has been tepid, as the ongoing depreciation of the Vietnamese Dong (VND) against the US dollar further complicates purchasing decisions.
