30 Apr 2021
There are very limited movement on the Shenhua auction platform on the final trading day of the week due to the fact that most players have left for the Labor Day holiday.
29 Apr 2021
This is the first time import homo-PP prices breach below the $1300/ton threshold in ten weeks, since the uptrend started in mid of February 2021.
The market is entering the holiday mood with calmer sentiment and thinner transactions compared to the previous day.
In spite of the limited movement in pricing, transactions for coal-based PP remain satisfactory on Shenhua’s Auction Platform.
28 Apr 2021
The reductions do not seem sufficient to draw buyers back to the market given the fact that many other cargoes have breached well below the $1200/ton threshold.
The market in gradually entering the holiday mood though players are not putting up high hope on the demand condition for the remaining of the week.
There are limited changes in deal prices for both coal-based PP and PE cargoes this morning
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