25 Jan 2024
Market sources expected the producers to accelerate the destocking activities in the remainder of January to bring the number below the 500,000 tons threshold.
24 Jan 2024
Meanwhile, all eyes are on the start-up of five new BOPP film/sheet manufacturing plants in the first quarter of 2024, adding another 265,000 tons of capacity annually.
23 Jan 2024
A number of woven bag manufacturers reported an uptick is end-product orders this week, which translated into higher demand for homo-PP yarn.
18 Jan 2024
Purchasing activities slowed down visibly following several session of active buying, indicating a possibility that customers have stocked up comfortably.
05 Jan 2024
The domestic spot market inched another CNY50/ton lower compared to the previous trading day, primarily driven by the sluggish futures market.
03 Jan 2024
In the PE market, mixed pricing movement is observed on the second trading day of the week. While the domestic spot market tracks stable to a softer trend, international sellers actively lifting offers to reflect the heightening shipping costs.
20 Dec 2023
In the PE market, there have been reports from several key warehouses that the proportion of HDPE in storage is currently much higher than LLDPE and LDPE.
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