03 Sep 2020
It appears that sentiment in local China market turns sour toward the end of the week with a sloppy number of deals recorded on the auction platform.
Regardless of the weaker futures market, local suppliers continue to lift offers to reflect the lack of inventory pressure.
02 Sep 2020 SPVC k67-68
The hike reflected the recent firming trend in the international market that is a result of tighter supply and recovering demand as more countries ease COVID-19 related lockdown.
02 Sep 2020
Buyers are in the process of customs clearance with some informed CommoPlast to have received the cargoes.
Allocation for auction remains smaller than usual. It appears that demand remains relatively satisfactory in China, reflected in the goo number of deals concluded.
Meanwhile, demand for HDPE blow molding and pipe grades started to pick up, sources said.
01 Sep 2020
Auction quantities remain much lower than usual while concluded prices continue to inch higher.
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