25 May 2021 LD Film
The rapid decline in both local and import markets in China has widened the location gap with Southeast Asia, gradually opens up the export/re-export opportunity window.
25 May 2021
Buyers seems more willing to make purchases on the second trading day of the week though insist on the lower end of the overall price range.
The number of real transactions on the Shenhua auction platform improved significantly, though prices remain soft.
24 May 2021
Buyers in Southeast Asia are not enthusiastic about the latest price list citing the availability of non-dutiable materials at much lower levels at the moment.
The Chinese Customs Department has released data on the import PP, PE, and PVC arrivals to the country in the month of April 2021.
In spite of the plunging import arrivals coupled with the dropped in local production output, the domestic PP and PE market tracked the downtrend throughout the month of April.
It is informed that availability for June loading is limited due to an issue with the upstream ethylene supply that crippled the downstream PE production.
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