10 Jan 2024 PPH Raf
However, the two consecutive downward price adjustments this week from Chinese sellers signal the possibility that the recent rally might have reached a peak.
10 Jan 2024
Despite the slower inventory digestion rates, sources said the current stock levels are well under control, which discourages producers from introducing any drastic price reductions
Following two consecutive sessions of dwindling sales results, Shenhua continued to lower auction prices for LLDPE by CNY50/ton while maintaining homo-PP unchanged.
09 Jan 2024
In contrast to the futures market, the domestic spot market continues to track a softening trend with LLDPE film offers witnessing larger reductions.
The dwindling Dalian Commodity Exchange since the market returned from the New Year holiday sap all risk appetite despite Shenhua’s constant effort to adjust deal prices to make their cargoes attractive.
05 Jan 2024
In the meantime, market participants also monitor the implementation of the quality control measures on HDPE cargoes in India.
In fact, data from CommoPlast showed spot PP thermoforming currently traded in the local Indonesian market at about 22 – 25% higher than the PET bottle prices.
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