02 Nov 2021
Additional price reductions only attract mediocre purchasing interest for players concerned over the near-term outlook.
Despite the initial reluctance, Malaysian buyers cautiously proceed with new purchases due to the lack of availability from both local and international suppliers.
01 Nov 2021
The producer has been gradually lifting offers since mid of last week to reflect the positive development in the domestic ground.
Trading on Shenhua Auction Platform rebounded strongly from the previous session in terms of both pricing and the number of deals.
Saudi Aramco has announced November propane contract prices to Asia with additional increases from the previous month on the back of supply tightness and strong winter demand.
The reductions in spot PP cargoes are very much expected considering the recent influx of competitive Chinese materials.
The domestic spot market tracks the firming trend on the Dalian Commodity Exchange; however, market participants are divided on restocking decisions.
Don't have an account? Register