06 Dec 2024 PET Bottle
Despite the tepid local market, Chinese sellers raised export offers, capitalizing on rising crude oil prices and increased interest from overseas buyers attracted to previously low price levels. While sellers are not confident enough to raise the upper-end of the overall price range, the lower-end gained $10/ton
06 Dec 2024
06 Dec 2024
05 Dec 2024 PPBC Inj
Indonesia implemented an annual import quota system for PPBC in 2022, requiring importers to renew quotas by the end of each year. To avoid customs clearance complications, buyers typically refrain from taking delivery of cargoes arriving during this critical year-end period.
05 Dec 2024
05 Dec 2024
Trading activities on the Shenhua Auction Platform plunged sharply from the previous session despite the moderate auction volume available. Chinese bidders shied away from the unappealing pricing set by the coal-based producer – Shenhua despite the continued weakening of futures contracts on the Dalian Commodity Exchange.
04 Dec 2024
Saudi Aramco, the state-owned oil and gas giant, has opted to keep its December liquefied petroleum gas (LPG) contract prices unchanged, sustaining levels at a 20-month high. This decision reflects the balancing act between strong seasonal demand for winter heating and a sluggish petrochemical sector.
