11 Feb 2022
While hoping to see better demand after the Chap Goh Mei festival, Chinese suppliers accelerate efforts to deplete more cargoes in the export market.
10 Feb 2022
Trading sentiment on the Shenhua auction platform recovered from the previous day slump after the producer agreed to large discounts.
10 Feb 2022 PPH Inj PPH Raf
Southeast Asian buyers said that the emergence of competitive Chinese cargoes would limit the upside of the market as other international suppliers eyeing above $1450/ton mark levels.
10 Feb 2022 SPVC k67-68
Transactions are satisfactory, given the belief that the market might be nearing the bottom considering the uptick in demand in India.
Sources said that trading activities are stagnant. Buyers can no longer afford the new prices and prefer to source the competitive cargoes in the import ground if needed.
Chinese customers are more willing to make small replenishment today believing that the market might have limited room for large decreases
09 Feb 2022
Trading sentiment retreated further by mid of the week as bidders prefer to monitor further development on the Shenhua Auction Platform before making decisions.
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