Daily Market Wrap – China – 19 Feb. 2024

However, to their dismay, the market returns with poor buying interest from customers. On top of that, local manufacturers have a low appetite for securing cargoes which generated resistance and slow deals.

07 Feb 2024

Daily Market Wrap – China – 6 Feb. 2024

As reported earlier, most converters in the PP sector have now wound down their operations to allow their workers to leave for their hometowns. However, compared to the woven bag segment, which is now running at an average of 40% capacity

06 Feb 2024

Daily Market Wrap – China – 05 Feb. 2024

These concerns, while insubstantial, begin to impact the seller’s confidence. Several Chinese suppliers decided to step back on their export offers to secure more deals for post-holiday delivery.

05 Feb 2024

Daily Market Wrap – China – 2 Feb. 2024

The domestic spot market continued inching lower on the final trading day of the week, influenced by the sluggish futures trading on the Dalian Commodity Exchange and the absence of buyers.

02 Feb 2024

Daily Market Wrap – China – 1 Feb 2024

A segment of local trading houses is now weighing the possibility of off taking some imported LLDPE film cargoes in light of a tightening overseas supply outlook and the rising upstream ethylene costs.

01 Feb 2024

Daily Market Wrap – China – 31 Jan. 2024

Although slow sales were expected, many local distributors shared the pressure they are receiving from local producers requesting them to start selling February for post-holiday delivery.

31 Jan 2024

Daily Market Wrap – China – 30 January 2024

Close sources reveal the majority of the PP converters stocked up just enough supply to last till after New Year, thus, expectations are high on the need-to-order basis to come in from a handful of converters after the holidays which advertently will influence the price trend.

30 Jan 2024

Daily Market Wrap – China – 29 Jan. 2024

New import offers are limited on the first trading day of the week though a major Thailand producer claimed to have sold a good number of HDPE and LDPE film cargoes to Japan

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