An extended rebound across Dalian paper markets successfully propelled homo-PP yarn to a near-total clearance on Monday, whereas ample domestic availability and subdued buying interest left the PE complex deeply fractured.
A macro-driven paper recovery combined with strategic baseline adjustments engineered a complete clearance for mainstream PP and LLDPE allocations on Friday, temporarily offsetting the prevailing operational caution ahead of the weekend.
The Indonesian PET bottle market reversed its recent gains this week, contracting sharply as a prolonged downturn in Chinese futures markets overrode significant domestic currency degradation.