24 Mar 2020
Shenhua Baotou Coal Chemical Co is currently the largest coal-based polyolefins producer in China, operates under four subsidiaries.
Customers are throwing very aggressive negotiations for discount before procuring the cargoes.
23 Mar 2020
The price cut in LDPE film is very much anticipated following the drastic reduction the producer introduced in the Vietnam market.
However, purchasing interest remains very sluggish, as buyers have either completed replenishment or having low confidence in the near-term outlook.
Many toy manufacturers are facing orders canceling from USA and EU customers due to the escalating Covid-19 outbreak in these regions.
20 Mar 2020 PPH Raf
Earlier this week, the producer has also started selling in the local Vietnam market.
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