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The session transaction plastic PS from Vietnam Vietnam to Indonesia ended with a slight discount..
As the recent news about the slight fluctuation of import and export, the transactions for plastic PS of Vietnam Vietnam to Indonesia have, end with light discount.
PVC futures and spot were the commodities that recorded the biggest declines during this period. Although PVC supply remains tight in China, the notable drop in Dalian futures prices has impacted prices.
Global oil and petrochemical companies posted strong financial results for the third quarter of 2021, marking a continuation of the recovery from the impact of the pandemic. After a sharp drop in economic activity the previous year, some companies' quarterly earnings have returned to pre-Covid-19 levels.
The companies detaile...
New NASA graphic shows the path of microplastics around the oceans across the Earth's surface.
The researchers used NASA satellite data to track the movement of microplastics, pieces of plastic less than 5mm in diameter. Their graphics show high concentrations of microplastics in the South China Sea and Gulf of Thailand as we...
After trading just below multi-year highs on Friday, crude oil prices edged higher last week. The pre-weekend rally extended into Monday and hit multi-year highs in intraday trading. The bullish sentiment due to tight global supply and increased fuel demand in the US and Asia supported the global benchmark oils.
Traders say a series of shutdowns in India has provided an opportunity for Chinese PE exporters, at a time when China's surplus imports are awaiting new markets. . Chinese sellers have increased their focus on re-exporting PE to Southeast Asia to ease their inventory pressure.
In Vietnam, import PP prices have been going up in the past two weeks after a stable month. This is due to the bullish trend in the Chinese PP market because of the energy cuts of the country.
Several regional and foreign suppliers have announced July PP and PE prices for China and Southeast Asia mostly at lower levels this week. Weak demand in China as uncertainty over the pandemic persists, has been a major factor pulling prices down in the region.
There's been a lot of investment in the recycling sector, but it's still not enough
There's a lot of demand for a more rounded plastic industry - a call that doesn't just come from activists, but also from inside the house (metaphor).