25 Oct 2024
Subdued demand from the pipe sector continues to weigh on the market, even as other derivative sectors, such as PVC film, cable, and leather, report moderate improvements. Average plant utilization rates in these segments have slightly increased
25 Oct 2024
25 Oct 2024
24 Oct 2024
24 Oct 2024
Trading activity on the Shenhua Auction Platform experienced a slight decline compared to the previous session, although it remained within acceptable levels. A dwindling futures contract on the Dalian Commodity Exchange has tempered aggressive replenishment activities
23 Oct 2024
However, Indonesian converters are approaching these price adjustments with trepidation. Despite a general uptrend in the Indonesian import market for homo-PP throughout October, buyers remain hesitant.
23 Oct 2024
Despite the rebound in futures prices on the Dalian Commodity Exchange, local suppliers chose to maintain spot PP and PE prices steady day-on-day. This pricing strategy, designed to stabilize market conditions, seems to have encouraged some buyers to resume replenishment activities.
