21 Apr 2023
The continuous upward price adjustment over the past several days pushed buyers away due to concerns over rising price risks.
20 Apr 2023
With the long holiday coming, buyers refrain from proceeding with new purchases unless suppliers are willing to meet the buy ideas. More market movements might emerge in the coming week as more sellers open new price lists.
19 Apr 2023
While domestic suppliers maintain spot PP and PE offers on the stable to firmer track to reflect the bullish Dalian Commodity Exchange, Chinese buyers increasingly shy away from the market
Trading activities on the Shenhua auction platform remain relatively satisfactory by mid of the week despite the CNY20/ton higher on both homo-PP and LLDPE cargoes.
18 Apr 2023
Following a surprising uptick in purchasing activities in the previous session, Chinese buyers withdraw to the sideline to monitor further market movement
There have not been any major changes in trading activities on the Shenhua auction platform on the second day of the week.
17 Apr 2023
For the second week in a row, a key domestic producer in Indonesia maintain a firm stance on spot PP and PE cargoes despite the weakening purchasing activities
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