04 Dec 2020
Customers decided to make some replenishment after obtaining additional discounts.
03 Dec 2020 PET Bottle
The logistics situation has also brought up concerns among Indonesian customers on the longer lead time from the import market.
03 Dec 2020
It is important to note that the location gap between China and Southeast Asia is now viable for export/re-export activities would Chinese suppliers managed to secure container and vessels.
Logistic constraints from the global container shortage limit the cargo's movement to this market.
There has not been any improvement in trading activities on the Shenhua auction platform toward the end of the week.
Sentiment in the local ground remains very much sluggish even at lower price levels for both PP and PE cargoes.
02 Dec 2020
At least two Middle Eastern producers have stepped back on import PP and PE offers to China as demand weakened visibly.
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