27 Nov 2023
A persistently weak demand condition coupled with the cutthroat competition from the import market and the local distribution front eroded any effort from the maker to introduce fresh increases at the moment.
27 Nov 2023 LL C4 Film PPH Inj PPH Raf
A number of Chinese traders, who had withheld their cargoes in the previous weeks are now more willing to negotiate with serious customers to close deals.
The auction activities were predominantly driven by need-based purchases, with traders observing that auction volumes for both PP and PE surpassed those of the previous session.
23 Nov 2023 HD Film LD Film LL C4 Film
A good number of buyers started returning to the market for replenishment after weeks of keeping purchases to a minimum due to subpar finished goods demand and uncertain outlook.
23 Nov 2023 PET Bottle
Buyers refrain from entering deals despite stabilizing finished goods orders on expectations that the seasonal lull overseas might bring about more discounts ahead.
23 Nov 2023 LL C4 Film PPH Raf
Once again, local suppliers refused to concede to large discount of spot PP and PE parcels despite the continuous falling futures contracts.
23 Nov 2023
The continued falling futures market is to be blamed for the sapping purchasing interest and overshadowing Shenhua’s efforts to facilitate transactions by cutting auction prices by CNY60-90/ton.
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