05 Aug 2024
05 Aug 2024
Market participants reported sluggish transaction volumes as customers, having completed their weekly replenishments, opted to adopt a wait-and-see approach. This cautious stance is driven by expectations of further price concessions in the coming week.
02 Aug 2024
The recent price rebound has positively impacted end-product orders for BOPP film and sheet, according to market sources. This uptick has led to more purchase inquiries for raw materials from converters within this segment. However, raising end-product prices continues to be a challenge.
31 Jul 2024
The rebound in futures contracts on the Dalian Commodity Exchange (DCE) has halted the continuous downtrend in the local PE market, keeping spot offers steady and attracting hesitant customers back to the market. Local traders reported an increase in transactions as buyers were more willing to restock without fierce negotiations.
31 Jul 2024
Trading sentiment in the domestic spot market for PP deteriorated significantly on the second day of the week, driven by a sharp decline in key PP contracts on the Dalian Commodity Exchange. This downward trend has severely undermined market confidence.
30 Jul 2024
24 Jul 2024
