17 Aug 2024
17 Aug 2024 LD Film LD Inj LD Lamination
Despite limited availability due to reduced operating rates, weak demand and fierce competition from other sources triggered these drastic price cuts. Numerous LDPE film cargoes from other origins have been trading below the $1200/ton mark for several weeks.
17 Aug 2024 PET Bottle
The Chinese PET bottle market sustained its downward trajectory, driven by subdued demand and a weak upstream market. While negotiations are ongoing, actual transactions remain sparse due to strong expectations of further price reductions in the coming week.
17 Aug 2024 SPVC k67-68 SPVC (A) k67-68
It is reported that the demand from the PVC flooring, cables, films, and profiles sectors showed a slight improvement compared to last month, while the pipe segment continued to struggle. The persistent home price slump in July exacerbated pressures on the sector that is heavily reliant on the property market.
16 Aug 2024
16 Aug 2024
Shenhua concluded the final auction session of the week with notable success, as key grades such as homo-PP and LLDPE film secured over 80% of deals. However, this apparent strength in transactions is largely attributed to the significantly reduced auction quantities and softer auction prices for LLDPE film.
15 Aug 2024
