30 Jun 2020 Butane Propane
Saudi Arabia has reportedly lifted propane offers to Asia for July 2020 delivery, marking the third consecutive month of price increment.
30 Jun 2020
The lack of availability from both local and international suppliers might leave buyers limited choice but to proceed with replenishment.
Both homo-PP and PE cargoes enjoy a healthy purchasing interest following a sluggish start at the beginning of the week.
A minor discount is available to entice purchasing interest; however, traders are not seeing satisfactory sales results.
29 Jun 2020
The substantial growth in import arrival in the month of May is very much in line with the market expectation given the robust replenishment activities in the previous month.
Transactions are thin on the first trading day of the week, however, the outlook remains bullish due to the lack of availability, according to market participants here.
Regardless of the heavy flood in the Southern area, players continue to hold a bullish expectation for the near-term outlook due to the lack of inventories pressure.
Don't have an account? Register