03 Dec 2021
Deal prices continue to decline on the Shenhua auction platform on the final trading day of the week
Trading sentiment in the domestic spot market remains steady as buyers continue to make small replenishment as prices softened.
Apparently, the pessimism derives from a whole package of concerns including the uncertain governmental policies, the increasingly challenging shipping issues that hurdle export activities, and the slumping energy complex.
02 Dec 2021
In spite of the limited quantity available, the number of transactions fall steeply toward the end of the week as the producer attempt to lift the prices
With lower inventory pressure, domestic suppliers maintain a firmer stance on spot PP and PE cargoes, yet the number of transactions reported is largely stable from the previous day
01 Dec 2021
The number of transactions recorded on the first trading day of the month are rather satisfactory, however, the concluded prices have moved lower while the available quantities also dropped.
Meanwhile, Indian customers expect the large reductions in the local PVC market to pressure international sellers to cut January shipment offers.
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