07 Aug 2020
It is expected that local production output might increase again in August given the startup at the new plants.
Transactions for most of the grades fell visibly on the final trading day of the week regardless of the fact that deal prices are lower than the previous day.
Buyers are waiting on the sideline to assess the potential outlook in the second half of the month given the startup of several newly constructed plants.
06 Aug 2020
Transactions for homo-PP fall drastically from the previous trading day as prices firm up.
Buyers mostly remain on the sideline citing the current prices are at the resistance point.
05 Aug 2020
Chinese bidders appear to lack interest in the homo-PP cargoes as prices inched slightly higher than the previous day.
Buyers continue to procure small quantity to meet the immediate need while resisting the upper end of the overall price range.
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