Jun 29, 2026 3:12 p.m.

Shenhua Auction: Geopolitical crude bounce and spot hikes trigger massive PP and LLDPE clearance

A sudden weekend reversal in geopolitical ceasefire optimism triggered a crude oil rebound on Monday, immediately firming Dalian paper markets and sparking a massive replenishment wave across Shenhua's physical auction as buyers rushed to lock in competitive baselines ahead of domestic spot hikes.

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