06 Jan 2021
It is reported that buyers are actively securing LDPE film cargoes at the new prices, which signals a possibility that the market is now less likely to slide further moving forward.
06 Jan 2021 SPVC k67-68 SPVC (A) k67-68
Local supply remains comfortable at the moment and manufacturers are rather cautious when it comes to new purchases despite having sufficient end product orders.
Transactions remain healthy on the auction platform while concluded prices have inched slightly higher than the previous trading day.
A number of manufacturers are encouraging employees not to travel this Lunar New Year to avoid the spread of the COVID-19 by giving numerous incentives.
The large location gap between China and Southeast Asia is raising a lot of questions among buyers, who expect large discounts on most grades in the coming days.
05 Jan 2021
Industry experts believed that China would continue to depend less on the import market for HDPE in 2021 thanks to the strong growth in local production.
05 Jan 2021 PPH Inj PPH Raf
Purchasing interest in the domestic market has seen improvements since the beginning of the week, pushing local prices higher.
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