11 Jun 2024
While the producer maintained that the sales pressure is very much manageable, sources said the softer price decision might have derived from peer pressure.
Inquiries are mediocre, several Chinese trading houses said, as buyers monitor closely the market development before making decisions.
Chinese bidders returned from the long weekend break to find auction prices for most of the grades unchanged from the previous week, which piqued some buying interest.
10 Jun 2024
As reported earlier, key transshipment ports within the region including Port Klang and Singapore are facing heavy congestion which forced many shipping lines to switch to Indian ports for transshipment to reduce the waiting time.
07 Jun 2024
Chinese buyers continue to scour the local ground for competitive parcels before taking off for the long weekend holiday. While negotiations are fierce, real transactions are mediocre.
The coal-based producer expectedly maintained auction prices unchanged from the previous day, which appeals to local buyers amid the continued rising futures contracts on the Dalian Commodity Exchange.
06 Jun 2024 SPVC k67-68 SPVC (A) k67-68
Regardless of the dimming sentiment in China, the regional PVC market continues to expect sharp increases in July shipment offers from key suppliers.
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