09 Aug 2021
It is undeniable that buyers have been making purchases as prices come down, however, the cautious stance pervades the entire market.
There have been reports that buyers prefer to buy cargoes with farther delivery schedules while asking for lower price levels.
09 Aug 2021 SPVC k67-68
Sources said that the strong buying appetite among Indian customers could encourage overseas sellers to implement up to a $100/ton hike on September loading cargoes to this market.
Buyers’ confidence was affected by the plunging Dalian Commodity Exchange during the first half of the trading day.
06 Aug 2021
The latest data from the Chinese National Bureau of Statistics showed that polyolefins outputs in the country were mixed in the month of July 2021
In the meantime, the flare in the COVID-19 cases in China coupled with the government’s ‘zero-tolerance' stance is expected to affect inter-province logistics in the coming weeks
Transactions are mediocre on the Shenhua auction platform, indicating the lack of buying interest among Chinese customers even though availability remains thin.
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