10 Dec 2020
Traders informed that the higher spot offers attract very limited purchasing interest and that customers are only buying in small quantities.
09 Dec 2020
Participants in the South China petrochemical market are in dismay as they rush to rearrange the shipments that due to arrive in January.
Transactions on the Shenhua Auction platform remain mediocre today, especially or homo-PP cargoes as players resist the current prices.
Buyers would only buy small quantities to meet their immediate needs even if suppliers are willing to offer discounts.
08 Dec 2020
Apparently, it is more difficult to locate vessels and containers for Southeast Asia for January loading than other markets.
A source close to the producer informed that supply has improved compared to the previous month, however, still need more time to normalize.
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