24 Jul 2020
Chinese bidders are not in the mood to replenish material even prices have dropped slightly.
For two weeks in a row, the spot offers for both PP and PE reduce almost every day, yet transactions are still below expectations.
23 Jul 2020
It is alarming that auction volume for homo-PP increased visibly from the previous day yet deals concluded remain sluggish.
Sources said that sales have been slow for two consecutive weeks, and further price cuts could emerge in the coming days would demand fails to pick up.
22 Jul 2020 SPVC k67-68
The continued firming up import offers prompted question if the market could reach $900/ton mark for September loading cargoes.
22 Jul 2020 PPH Raf
Vietnamese buyers do not seem attracted to the latest price reduction citing the availability of other non-dutiable cargoes at much lower levels.
22 Jul 2020
Given the import duty advantage, the latest deals for Thailand LLDPE film cargoes are expected to put pressure on dutiable materials.
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