09 Jul 2021
The number of transactions on the auction platform rose sharply on the final trading day of the week as prices go down.
08 Jul 2021
Market players expect local inventories to build up further throughout the weekend, which could continue to pressure the prices.
Transactions on the Shenhua auction platform remain weak toward the end of the week, marking the third straight falling session.
07 Jul 2021
A site visit to several medium-scale PE packaging manufacturers in Wenzhou, Zhejiang province found that most of these plants are operating at about 70% capacity.
Market participants reported a positive response from buyers after a couple of South Korean producers slashed July shipment prices to entice demand.
A PP producer informed of being able to move only three (3) containers of materials throughout the morning session while other customers tend to wait for further discounts.
Transactions on the Shenhua auction platform fell sharply, which players attributed to the plunge in the energy complex.
Don't have an account? Register