24 Jun 2020
At the moment, import LDPE film is returning to the pre-pandemic levels, maintaining a gap of more than $100/ton over LLDPE film.
Trading activities on the auction platform hold steady on the final trading day of the week, especially for homo-PP and LLDPE cargoes.
Given the low inventories pressure, it is widely expected that the local ground would remain firm in the post-holiday term.
23 Jun 2020
Some of these cargoes have been delayed for nearly a month, and as a result, buyers are seeking alternative sources of materials to meet the immediate demand.
Chinese buyers are returning to the market to make replenishment before taking off for the Dragon Boat Festival.
Trading activities in the domestic spot market improve visible toward the mid-day break following a drastic swing in the futures market this morning.
22 Jun 2020
Regional buyers are a nit reluctant toward the latest price list citing the cloudy outlook ahead amid the continued worsening COVID-19 outbreak elsewhere that potentially slows down the global economic recovery.
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