19 Aug 2024
The changes in the Dalian Commodity Exchange did not seem to affect the trading sentiment on the final day of the week. It raised many questions among market participants that Chinese PP suppliers decided to maintain spot offers unchanged while the local inventory was on the rise.
16 Aug 2024
15 Aug 2024
Despite the most traded LLDPE contract on the Dalian Commodity Exchange showing weakness today, trading sentiment in the Chinese spot market remained relatively stable. A growing number of market participants believe that the recent downtrend has hit its cyclical bottom
14 Aug 2024
13 Aug 2024
The trading sentiment in China's polyethylene (PE) market remains sluggish, mirroring the challenges faced by the polypropylene (PP) sector. Despite buyers' confidence that reduced import arrivals would bolster the market, overall availability for most grades remains comfortable.
12 Aug 2024
Market sources noted that converters in the woven bag segment have started to see an uptick in orders from the fertilizer and urea sectors. However, the government's ban on the export of fertilizer and urea has left players uncertain if local demand will be sufficient to boost the market.
08 Aug 2024
Over the past two months, the market has been supported by reduced availability due to a series of planned and unplanned shutdowns at local plants. With these facilities now coming back online, there are rising concerns about a potential oversupply, particularly as real demand, both domestically and internationally, remains weak.
