China Morning Snapshot – 11 December 2020

10 Dec 2020

USA supplier lifted import PE to Asia followed the shutdown at Braskem

The supply for HDPE blow molding is very short at the moment, therefore, the principal supplier prefers to keep the quantity for the local market.

10 Dec 2020

The increases do not seem to concern buyers, who actively making replenishment at the new prices.

10 Dec 2020

Meanwhile, compared to 2019, both domestic production output and import arrivals for HDPE registered strong growths.

10 Dec 2020

Sentiment has improved compared to the past several trading days, reflected in the strong number of deals.

10 Dec 2020

Traders informed that the higher spot offers attract very limited purchasing interest and that customers are only buying in small quantities.

09 Dec 2020

Participants in the South China petrochemical market are in dismay as they rush to rearrange the shipments that due to arrive in January.

09 Dec 2020

Transactions on the Shenhua Auction platform remain mediocre today, especially or homo-PP cargoes as players resist the current prices.

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