06 Feb 2024
The price cuts attracted some buying interest, however, the large of the market prefer not to purchase large quantity citing the uncertain post-holiday market outlook.
05 Feb 2024
In spite of the improved profit margins, Zhongjing has not ramped up operating rates at its plant, especially amid the uncertain demand outlook in the post-Lunar New Year holiday period.
In a surprising development, a major local Indonesian producer lifted spot PE sharply on the first trading day of the week, taking turn from the peer grade – PP.
The domestic spot market kickstarted the week with minimum trading activities amid the absence of buyers and the softening futures contract.
04 Feb 2024 SPVC k67-68 SPVC (A) k67-68
The ebbing spot transactions coupled with the dwindling futures contracts on the Dalian Commodity Exchange pressure local suppliers to step back on their price lists.
03 Feb 2024
Apparently, the import quota regulation also encompasses Monoethylene glycol (MEG) under the HS code 290531. Data from TradeMap showed Indonesia imported nearly
02 Feb 2024
Trading sentiment remains weak and is expected to worsen in the coming days as market participants officially taking off for the long holiday ahead.
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