China Morning Snapshot – 24 September 2020

24 Sep 2020

Another Saudi maker lifted October PP and PE offers to Southeast Asia

There are reports that Vietnamese buyers have accepted the latest offers and most of the allocation to this market has been sold.

23 Sep 2020

Chinese bidders are becoming less active in the market despite the fact that the National Day holiday is just around the corner.

23 Sep 2020

Sources informed that customers prefer to source only small quantity after the new discounts.

22 Sep 2020

Apparently, deals have been achieved for both yarn and injection grade at the list price as the buyer need the cargoes.

22 Sep 2020

Chinese bidders decided to slow down on the second trading day of the week to monitor further development.

22 Sep 2020

Customers are negotiating very fiercely for discounts, yet suppliers maintain a rather firm stance amid the lack of inventory pressure.

21 Sep 2020

Several other buyers prefer to wait on the sideline for more offers from regional suppliers before making decisions.

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