16 Jun 2020 PPH Raf
While some downward adjustments are necessary to draw buyers back to the market, suppliers have no plan to introduce any major price cut amid limited overseas cargoes and strong upstream costs.
16 Jun 2020
The number of deals concluded on the Auction platform improved significantly this morning as buyers become more confident in making replenishment.
Local traders continue to find it difficult to implement any major price hike citing stiff resistance from the market.
15 Jun 2020
Transactions on Shenhua Auction Platform improved substantially compared to the previous week as deal prices softened slightly.
Most traders have expressed the willingness to negotiate with serious buyers due to sluggish demand condition.
12 Jun 2020
In recent days, sellers are attempting to digest the excess PP fiber cargoes by bundling with PP yarn, however, purchasing interest remain timid.
Transactions on the Shenhua Auction Platform dropped significantly on the final trading day of the week as buyers withdraw to the sideline.
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