09 Jun 2020
Shenhua Baotou Coal Chemical Co is currently the largest coal-based polyolefins producer in China, operates under four subsidiaries.
The market is entering the traditionally off-peak season and some of the manufacturers are now re-selling raw materials to the market.
08 Jun 2020
Purchasing interest in China market dims visibly compared to the previous week, as buyers shrug off the surging energy market and tighter supply condition to protect the profit margins
The price hike underlines the fact that suppliers are shrugging off the appreciation of the local currency against the US dollar and the growing resistance from buyers.
08 Jun 2020 SPVC k67-68
Indian players are rather optimistic about the near-term market outlook, however, remain concerned over the logistics constraint.
A couple of sellers have expressed the intention to down-adjust spot prices slightly to entice demand.
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