22 Nov 2021
The 2201 for January 2022 delivery contract on Dalian Commodity Exchange on 22 November 2021 settled as follows:
It is reported that Chinese manufacturers are not very much into the spot cargoes but looking for longer delivery parcels at lower price levels.
19 Nov 2021
Transactions remain dwindling on the final trading day of the week as buyers prefer to wait for clearer market direction in the coming week after having secured comfortable stocks in the previous sessions.
Several manufacturers said that the weakness in the energy complex coupled with the declining upstream ethylene and propylene costs are eroding the market confidence.
18 Nov 2021
The dwindling volume for PP did not stimulate buying sentiment enough, reflected in the disappointing number of deals.
Malaysian customers started to see better end-product demand as the country eases COVID-19 lockdown measures, allowing most of the economic sectors to resume normal operations.
Meanwhile, the government is looking to restrict movement once again this year-end festive season, which might cause the sentiment to slow down further in the coming week.
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