29 Oct 2021
Players are waiting for decisions from the National Development and Reform Commission China Energy meeting pertaining to the setting direction for the coal market in the near term, which could have significant impact on the polyolefin sector.
28 Oct 2021
Chinese bidders are more active in making replenishment after Shenhua set final prices substantially lower than the previous session
An increasing number of local suppliers believed that the downtrend on Dalian Commodity Exchange might have been overshot.
27 Oct 2021
Deal prices for homo-PP continue to decline on the Shenhua Auction Platform following the plunge in coal futures.
A key Malaysian producer has introduced large hikes on spot PP and PE cargoes for November delivery to the domestic market, which inevitably bumps into resistance
In fact, several key Chinese PP suppliers decided to lift export offers by $5-10/ton day-on-day, shrugging off the weakness on the Dalian Commodity Exchange and the local ground.
26 Oct 2021
Several buyers in Southeast Asia have expressed the interest to negotiate with the maker to secure some quantities believing that the market might be nearing the bottom.
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