Indian producer slashed local PVC offers on weak demand

13 May 2021 The rapid price fall in the local ground is expected to force international suppliers to substantially cut June shipment offers to India in the coming week.

13 May 2021

China Morning Snapshot – 13 May 2021

Buyers cautiously proceeding with additional purchases but tend to negotiate fiercely for discounts considering the fluctuating Dalian Commodity Exchange.

13 May 2021

13 May 2021: Auction sales result for Shenhua's coal-based PP and PE

The number of transactions remains satisfactory for PP cargoes though prices remain largely unchanged from the previous session.

12 May 2021 SPVC k67-68 SPVC (A) k67-68

Local PVC market firms up in China as demand improved

In the meantime, buyers are purchasing cautiously, hoping for some price reductions ahead, especially with the absence of Indian customers due to the COVID-19 outbreak.

12 May 2021 PPH Inj PPH Raf

Import homo-PP inched higher in China on the support of rebounding local ground

The rebounded local market has somewhat stimulated demand for import materials, encouraging international suppliers to hold a firmer stance on the prices to reflect the positive development.

12 May 2021

China Morning Snapshot – 12 May 2021

PP and LLDPE contracts for September delivery on Dalian Commodity Exchange registered significant rebound throughout the morning session, boosting sentiment in the local ground.

12 May 2021

12 May 2021: Auction sales result for Shenhua's coal-based PP and PE

Sentiment picks up by mid of the week, reflected in the strong number of transactions observed on Shenhua’s auction platform.

11 May 2021

Singaporean producer slashes PE offers to China

In the meantime, the supplier has also reduced offers for cargoes from the Saudi Arabia plant, though the extent of reduction is much smaller than cargoes from the Singapore plant.

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