May 31, 2025 5:41 p.m.
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China Morning Snapshot – 21 April 2025
21 Apr 2025 The modest rebound in futures encouraged sellers to keep offers largely steady, with a few LLDPE suppliers testing the waters with CNY50/ton hikes in a bid to assess whether prices had bottomed out.
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19 Apr 2025

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Chinese PVC market edged up; new capacities drew attention

The Chinese PVC market staged a modest rebound after hitting historic lows in the prior week, as sellers sought to lift prices in response to crude oil gains.
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19 Apr 2025 PET Bottle

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Chinese PET bottle market pressured by supply boost, crude rebound stems deeper slide

The Chinese PET bottle market continued its downward trajectory in the week ending 18 April 2025, pressured by a notable increase in domestic supply and persistent macroeconomic uncertainty.
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18 Apr 2025

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Shenhua Auction: Procurement improved, buoyed by firm futures opening

Procurement activity on the Shenhua Auction Platform saw a modest improvement, initially supported by a firm opening on the Dalian Commodity Exchange. However, sentiment softened as the session progressed
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18 Apr 2025

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Shandong Yulong Auction: Buyers baulk at minor LLDPE price hike

Shandong Yulong adopted a stable-to-firmer pricing stance, drawing on stronger recent sales and a firmer open on the Dalian Commodity Exchange. However, market response remained mixed
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18 Apr 2025

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China Morning Snapshot – 18 April 2025

Spot offers for both PP and PE were largely stable. Sellers pointed to recent supply disruptions and a modest uptick in needs-based buying the day before.
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17 Apr 2025

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Shenhua Auction: Sales climbed but remained mixed

A rebound in futures contracts—driven in part by rising energy prices—helped lift performance on the Shenhua Auction Platform. However, the producer’s decision to hold LLDPE prices steady met resistance from buyers
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17 Apr 2025

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Shandong Yulong Auction: Sell-throughs jump on energy rally, but LLDPE buyers remain cautious

A modest price adjustment sparked a tentative rise in buying interest on Shandong Yulong’s auction platform, though overall sentiment remained cautious.
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