12 Jul 2021
The number of transactions on the Shenhua auction platform picks up strongly on the first trading day of the week, however, prices have not changed significantly.
09 Jul 2021
The stronger Dalian Commodity Exchange encourages local producers to lift spot PP and PE prices, however, traders said that the price list does not reflect the demand condition.
In spite of the fact that the near-term outlook remains firm, Vietnamese buyers are not interested in making fresh replenishment at the new price levels, especially after its commercial hub – Ho Chi Minh city is put under two weeks lockdown.
The number of transactions on the auction platform rose sharply on the final trading day of the week as prices go down.
08 Jul 2021
Market players expect local inventories to build up further throughout the weekend, which could continue to pressure the prices.
Transactions on the Shenhua auction platform remain weak toward the end of the week, marking the third straight falling session.
07 Jul 2021
A site visit to several medium-scale PE packaging manufacturers in Wenzhou, Zhejiang province found that most of these plants are operating at about 70% capacity.
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