29 Apr 2021
In spite of the limited movement in pricing, transactions for coal-based PP remain satisfactory on Shenhua’s Auction Platform.
28 Apr 2021
The reductions do not seem sufficient to draw buyers back to the market given the fact that many other cargoes have breached well below the $1200/ton threshold.
The market in gradually entering the holiday mood though players are not putting up high hope on the demand condition for the remaining of the week.
There are limited changes in deal prices for both coal-based PP and PE cargoes this morning
27 Apr 2021
In the meantime, the worsening COVID-19 outbreak in India concerns exporters, with a couple suppliers informed of orders being cancelled this week.
26 Apr 2021
While players are hoping for improving pre-holiday replenishment activities, the woven bag associations have advised its customers to take longer holiday to ease the costs pressure.
Another Saudi Arabia producer has opened May shipment offers for PE to Asia market with substantial reduction, especially to Vietnam market.
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