04 Dec 2020
As the concluded price for homo-PP reduced compared to the previous trading day, especially the lower end of the overall price range, customers become more active in making purchases.
Customers decided to make some replenishment after obtaining additional discounts.
03 Dec 2020 PET Bottle
The logistics situation has also brought up concerns among Indonesian customers on the longer lead time from the import market.
03 Dec 2020
It is important to note that the location gap between China and Southeast Asia is now viable for export/re-export activities would Chinese suppliers managed to secure container and vessels.
Logistic constraints from the global container shortage limit the cargo's movement to this market.
There has not been any improvement in trading activities on the Shenhua auction platform toward the end of the week.
Sentiment in the local ground remains very much sluggish even at lower price levels for both PP and PE cargoes.
Don't have an account? Subscribe now
