30 Jun 2020
Both homo-PP and PE cargoes enjoy a healthy purchasing interest following a sluggish start at the beginning of the week.
A minor discount is available to entice purchasing interest; however, traders are not seeing satisfactory sales results.
29 Jun 2020
The substantial growth in import arrival in the month of May is very much in line with the market expectation given the robust replenishment activities in the previous month.
Transactions are thin on the first trading day of the week, however, the outlook remains bullish due to the lack of availability, according to market participants here.
Regardless of the heavy flood in the Southern area, players continue to hold a bullish expectation for the near-term outlook due to the lack of inventories pressure.
25 Jun 2020
Other suppliers offering near-by cargoes are attempting to hold a firm stance on both HDPE and LLDPE film cargoes around $880-900/ton CIF Vietnam.
25 Jun 2020 PPH Raf
The market is hinged between supply tightness and increasing resistance from buyers. Both sides of the market are currently on the wait and see position hoping the other side would give in.
Don't have an account? Register