13 May 2020
Trading activities in the domestic spot market pickup slightly this morning following the news, however, sellers have not been able to implement any price hike.
Meanwhile, PP buyers continue to remain cautious, hoping to achieve better bargains in the coming days.
12 May 2020
Apparently, there have not been any immediate deals observed at the latest price levels given the softer sentiment in the domestic spot ground.
The new price list marks the fourth consecutive month of reduction, though it appears that the producer is attempting to implement some stabilization.
12 May 2020 PET Bottle
Many countries are fighting COVID-19 outbreak by imposing movement control, impacting consumption to a certain extend.
The number of transactions on the auction platform remain mediocre this morning regardless of the smaller quantity available.
Buyers appear to have stocked up comfortable inventories while the trade deal between China and the USA once again posts a lot of uncertainties.
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