17 Aug 2024 SPVC k67-68 SPVC (A) k67-68
It is reported that the demand from the PVC flooring, cables, films, and profiles sectors showed a slight improvement compared to last month, while the pipe segment continued to struggle. The persistent home price slump in July exacerbated pressures on the sector that is heavily reliant on the property market.
16 Aug 2024
16 Aug 2024
Shenhua concluded the final auction session of the week with notable success, as key grades such as homo-PP and LLDPE film secured over 80% of deals. However, this apparent strength in transactions is largely attributed to the significantly reduced auction quantities and softer auction prices for LLDPE film.
15 Aug 2024
15 Aug 2024
The persistent lackluster results from recent auctions have prompted Shenhua to intensify its efforts in the offline market. Industry sources indicate that the producer is now more amenable to negotiations in the spot market, aiming to expedite the movement of excess inventory.
14 Aug 2024
A leading Malaysian producer has reduced its September PE shipment offers to Vietnam, reflecting the downtrend observed across Asia. Despite these cuts, the offers failed to attract immediate buying interest, with buyers criticizing the lack of competitiveness.
14 Aug 2024
