Following some delays, a major Taiwanese producer has opened August PVC shipment offers to Asia with mixed pricing, reflecting the varied shipping conditions across different markets. While the new price list was welcomed in India, it met with stiff resistance from Southeast Asian buyers.
A mixed development was observed on the Shenhua Auction Platform on the second trading day of the week, with homo-PP achieving a strong number of deals while LLDPE film continued to lag. The significant discrepancy in transaction volumes between the two grades mirrors similar trading results on the Dalian Commodity Exchange.
This marks the third consecutive month where the producer has set HDPE prices below those of LLDPE film, highlighting the persistent supply and demand disparity between the two grades. This pricing trend, prevalent in Southeast Asia, mirrors the situation in China.