30 Nov 2020 HD Film LD Lamination LL C4 Film PPBC Inj PPH Inj PPH Raf
Chinese buyers seem more cautious in accepting the new offers claiming that the current prices are above acceptable levels.
30 Nov 2020
The price provides a benchmark against which Middle East sales of liquefied petroleum gas (LPG) to Asia are priced.
It is expected that buyers would turn to the local ground to source the needed quantities for the concerns that import cargoes would delay amid the containers and vessel shortage across Asia.
A number of converters decided to postpone purchases until end-product buyers show acceptance toward the hike in costs.
The producer reduced the available quantity for auction drastically citing the month-end closing.
Chinese players are waiting for local producers to open December delivery offers, which are likely to follow the stable to firmer trend with the support from the low inventory pressure.
A distributor informed of having sold out available quantities for PE soon after the price announcement.
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