22 Jul 2020
Shenhua Baotou Coal Chemical Co is currently the largest coal-based polyolefins producer in China, operates under four subsidiaries,
Sources said that the current offers are too high, hence, prefer to source in small quantity to avoid price risk.
21 Jul 2020
Sentiment on the auction platform improved visibly this morning, indicating that customers might be returning to the market to make replenishment.
China recorded a historically high level of import PP arrival during the month of May 2020 as a result of aggressive purchasing activities right after the country eases the nationwide lockdown that aimed to contain the COVID-19 outbreak.
In the meantime, sellers are attempting to hold prices from further decline due to the lack of inventory pressure.
20 Jul 2020
This is also the first time in several weeks the maker is able to offer spot LDPE film due to the previous production disruption that curb supply.
Indonesian buyers do not seem attracted to the cargoes amid the softening domestic market and weak end product orders.
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