China's MLLDPE market sentiment bearish on seasonal lull

摘要

SINGAPORE (ICIS)--Sentiment in China's metallocene linear low density polyethylene (MLLDPE) market is likely to stay bearish going into August, as demand heads into a seasonal lull period. Demand from the packaging segments remains weak, as the country continues to grapple with the economic fallout from the coronavirus crisis. Traders and local distributors have been keen to avoid building stocks over the past months, placing import orders just sufficient to tide over immediate needs.