05 Aug 2020
Chinese bidders appear to lack interest in the homo-PP cargoes as prices inched slightly higher than the previous day.
Buyers continue to procure small quantity to meet the immediate need while resisting the upper end of the overall price range.
04 Aug 2020
Activities such as travel, events, meeting and school are still restricted, which curb end-product demand substantially.
The hike emerged despite the improved spot availability as Saudi Arabia ended the voluntary cuts in crude oil production.
The number of deals recorded on the Shenhua Auction Platform this morning remains satisfactory despite the fact that prices have inched slightly higher.
Players are seeing a rather active sentiment in the domestic spot market on the back of strengthening futures trading.
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