23 Jul 2024
Trading sentiment in the PE sector continued to deteriorate amid bloated spot availability and the seasonal lull. Although official price lists from local producers remain steady, local traders are more motivated to negotiate with serious customers, hoping to liquidate some on-hand cargo.
22 Jul 2024
However, on a slightly positive note, buyers have become more active in negotiating for fresh replenishments, indicating a potential acceptance of the latest prices. This has led some Chinese market participants to speculate that the current downswing might be nearing its end.
18 Jul 2024
18 Jul 2024
16 Jul 2024
On a positive note, Chinese suppliers reported an uptick in inquiries from South American customers compared to recent weeks. While immediate transactions were hindered by disagreements over shipping costs, this development indicates a potential return of demand from the region.
15 Jul 2024
10 Jul 2024
