14 Sep 2024
14 Sep 2024
While LLDPE sales saw a boost, largely driven by a CNY 110/ton ($15/ton) reduction in auction prices, the company’s decision to raise the price of homo-PP by CNY 30/ton ($4/ton) backfired, resulting in a notable decline in transactions.
12 Sep 2024
At the time of this report, only minor discounts have been noted on PP and PE cargoes, with no significant changes in market offers. Deliveries, however, remain heavily restricted due to major highways being submerged
12 Sep 2024
While there has been robust buying interest in LDPE cargoes, the same cannot be said for the HDPE market. Ample supply and increasing pressure from global sustainability initiatives have prompted buyers to adopt a cautious stance.
12 Sep 2024
12 Sep 2024
10 Sep 2024
Attention is now focused on the availability of Chinese materials. Market participants anticipate rising sales pressure among Chinese suppliers in the lead-up to the weeklong National Day holiday, which could result in lower offers to Vietnam.
