21 Jun 2021
As discussed earlier, China faces a number of challenges to maintain the extraordinary growth rate in 2020.
21 Jun 2021 HD Film LL C4 Film
In China, a good number of bids are emerging below the $1000/ton threshold, however, there have not been any official deals at the time of this report.
Sources said that the minor increases on LLDPE film and homo-PP cargoes do not reflect the improving demand condition.
Spot LDPE film market continues to gain momentum, yet customers have purchased sufficiently and tend to resist further increases.
The producer allocated a much smaller than usual quantity for auction on the first trading day of the week.
18 Jun 2021
Sources are not confident in the near-term market outlook citing the dwindling futures trading as well as manufacturers’ inability to export end products.
The producer continues to allocate smaller allocations for today’s auction session; however, the number of transactions drops slightly.
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