05 Jan 2021
Sources said that the local ground might continue to improve in the coming week before manufacturers once again winding down operating rates.
04 Jan 2021
Besides, the Yuan is appreciating against the US dollar, making it cheaper to buy imports at the moment.
Sources are expected some discounts in the coming days given the fact that previously purchased cargoes from the import ground are arriving at the market.
More manufacturers in Zhejiang are also restarting their plant after the electricity restriction forcing these companies to reduce operating rates substantially since mid-December 2020.
The sentiment is expected to improve as more manufacturers in Northern and Eastern China are coming back this week.
Small-scale manufacturers started to let workers take off for Lunar New Year holidays citing the lack of end product orders.
31 Dec 2020 Propane
Propane is a primary feedstock used by propane dehydrogenation (PDH) operators in producing propylene monomer.
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