10 Sep 2021
Some Indian customers expect PVC offers to India to catch up with Tukey, where some international sellers have lifted spot prices to around $2000/ton CFR Turkey terms.
At the moment, the export opportunity window remains shut, leaving Chinese sellers limited choices but to focus on the highly competitive local ground.
Allocations for auction continue to decline, however, buyers seem less interested in securing additional cargoes after the drop in the futures market.
09 Sep 2021
Slower sentiment on the Dalin Commodity Exchange discourages arbitrage traders from off-take additional cargoes, sending the market back to the calming condition.
Bidders are concerned over the constant declining auction quantities, which could indicate falling supply in the local ground.
08 Sep 2021
With Dalian Commodity Exchange persist on the firming trend, arbitrage traders actively looking for competitive cargoes in the spot market, creating a rather healthy trading sentiment
Chinese bidders remain active in making purchases, reflected in the healthy number of transactions.
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