16 Oct 2020
Chinese buyers are hoping to obtain further price cuts in the coming week as supply-demand might become more balance due to the arrivals of previously purchased cargoes.
15 Oct 2020
Transactions weakened slightly compared to the previous day as buyers appear to have replenished the needed quantities for now
Sentiment is calmer, which encourage sellers to offer some discounts to entice demand.
14 Oct 2020 LD Film
Data from CommoPlast registered CNY300-350/ton ($45-52/ton) increased in spot LDPE film cargoes offered in the domestic market based on EXW China.
14 Oct 2020
Transactions improved visibly on the auction platform despite higher prices compared to the previous trading day.
China market would start to see more import PP and PE arrival in the coming weeks, though, local sellers are not too concerned.
13 Oct 2020
Competitive domestic market would post a real challenge for international sellers to increase prices any further.
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