22 Jun 2021
Indonesian buyers have been refraining from making new purchases as a flare-up of COVID-19 infection cases has put several major cities into strict movement control.
Trading sentiment remains steady on the second trading day of the week though sources informed of better transactions for PE than PP.
The producer continues to allocate smaller than usual quantities for both PP and PE to the auction session today.
21 Jun 2021 SPVC k64-65 SPVC k67-68
A similar response is reported in Southeast Asia. Buyers here are comparing the Taiwanese cargoes to the more competitive Thailand and Japanese materials.
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.
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