15 Apr 2021
There have been constant reports on the active forward selling activities among local traders for May delivery cargoes.
14 Apr 2021
As reported earlier, all PE film grades in the local market are currently traded below import offers, which discourages buyers from sourcing import materials.
In spite of lower deal prices, Chinese bidders portray a seriously lacking interest in proceeding with purchases for homo-PP cargoes.
The continuous weakening Dalian Commodity Exchange affects the local sentiment negatively as buyers await larger price cuts from spot trading.
13 Apr 2021
In Southeast Asia, many buyers have turned to competitive Chinese materials over the past weeks though demand is not very strong.
12 Apr 2021
Vietnamese buyers portray stiff resistance toward the new prices, especially after domestic spot offers inch lower due to the persistently sluggish demand condition.
Sources said that buyers remain reluctant to make purchases while expecting further reductions to emerge in the coming week.
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