28 Jun 2022
Key contracts for September delivery advance for the second session in a row on optimism over the further lifting of COVID-19 restrictions and the government’s commitment to rolling out more economic support in a timely manner.
27 Jun 2022
The initial responses from Vietnamese buyers are not great, given the fact that most buyers are covered from their previous purchases.
On the other hand, the demand condition has not changed. As reported earlier, many manufacturers have replenished comfortably for the next couple of months, hence, prefer to wait on the sideline to monitor further development.
While PP continues to attract buying attention, demand for LLDPE film remains slothful, market sources reported.
24 Jun 2022
There have not been any major changes in the purchasing pattern among Chinese bidders on the final trading day of the week as deals for homo-PP remain strong while interest in LLDPE is rather disappointing.
In spite of the fact that the local market continues to decline, Chinese traders seem less distressed than the previous day after managed to deplete some stocks on hand.
23 Jun 2022
On the other hand, Chinese buyers quickly scoop up all HDPE quantity available while reluctant to off-take LLDPE – a development has also been observed in the spot market.
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