18 Sep 2020
Buyers are generally waiting for more suppliers to open new price lists before making decisions while monitoring closely the movement in the nearby China market.
18 Sep 2020
The current price correction, however, does not alter the optimistic expectations pertaining to the near to medium-term outlook among Chinese suppliers here.
Transactions remains healthy on the final trading day of the week, signaling that buyers might gradually return to make replenishment.
Players become more optimistic about the near-term market outlook following positive news from the government pertaining to the result of the first week of the ‘Consumption Month’ campaign.
17 Sep 2020
Transactions remain satisfactory toward the end of the week though it is important to note that deals prices have inched slightly lower.
It is expected that prices might remain range-bound in the near term unless buyer become more active in making purchases.
16 Sep 2020
Transactions remain satisfactory on the auction platform this morning while the producer allocated a very small PE quantity for bidding.
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