28 Jul 2020
The offers emerge as Vietnam started to tighten the movement control following the second wave of the outbreak in the country.
Local sentiment continues to see improvement with deals recorded on the Shenhua auction platform for coal-based cargoes remain strong.
Chinese buyers are returning to make replenishment, however, prices at the lower end of the overall price range appear attracting better buying attention.
In Indonesia, buyers prefer to source small quantity to meet the immediate needs from the local suppliers due to more competitive price levels.
27 Jul 2020
Meanwhile, HDPE registered a humbler growth number, however, the total quantity was among the highest in several years.
Sources said that local producers might focus on the export market in the coming days as local demand outlook does not seem bullish in the near term.
Transactions improved significantly on the first trading day of the week, which could also stimulate the sentiment in the spot market.
Don't have an account? Register