23 Jul 2021
Domestic spot PP and PE market inched lower following the reductions on Dalian Commodity Exchange.
Trading activities remain satisfactory on the final trading day of the week, highlighting the steady demand condition in China market.
22 Jul 2021 PPH Inj PPH Raf
Vietnamese market participants widely expect the current lockdown measures to be extended by another two weeks as the daily infection caseload shows no real signs of decline.
22 Jul 2021
While market players are relatively confident about the near-term outlook for PE given the steady demand from the food packaging sector, the PP injection market is not having the same level of support.
The firming futures market elevates spot PP and PE prices in the local market; however, traders face heighten resistance from buyers.
Purchasing activities rise to the full-swing toward the end of the week, though, one of the factors contributing the high percentage of deal...
21 Jul 2021
Although the surge in local production has partly compensated for falling import quantity, the PE consumption in China (calculated by the sum of local production and import, subtract the export quantity) declined for the third consecutive month.
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