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News Insight & Analysis

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China Morning Snapshot – 11 July 2025
11 Jul 2025 Trading sentiment in the domestic spot market weakened notably from the previous session. The downturn in futures prices prompted many buyers to retreat to the sidelines
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09 Jul 2025

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Vietnamese LLDPE film market extended decline despite supply concerns

Buyers have since been pressing suppliers to reflect the revised tax rate in their pricing—even for inventory purchased under the previous VAT regime.
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09 Jul 2025

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Shenhua Auction: Lower PP offers lift participation, but market hesitancy lingers

Trading sentiment on the Shenhua Auction Platform showed a visible uptick from the previous session, supported by a CNY 100/ton reduction in homo-PP auction prices and stronger performance on the Dalian Commodity Exchange.
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09 Jul 2025

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China Morning Snapshot – 09 July 2025

Despite the rebound in futures trading and the drawdown in producer inventories, the domestic spot market remained largely static.
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08 Jul 2025

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Shenhua Auction: Lower offers nudge deals higher, but caution prevails

The price adjustment helped stimulate higher deal volumes for key grades like PPH yarn and LLDPE film, though HDPE continued to see zero takers.
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08 Jul 2025

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Shandong Yulong Auction: Uncompetitive pricing weighs on PP and PE performance

The subdued outcome was largely attributed to uncompetitive pricing, which failed to draw substantial interest amid the availability of more attractively priced materials on competing platforms.
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08 Jul 2025 LD Film

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Chinese LDPE film market snapped a three-week rally; supply concerns may cap losses

Despite lingering concerns over availability, the recent price correction has yet to stimulate restocking activity, as buyers remain preoccupied with macroeconomic headwinds and weak downstream demand.
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08 Jul 2025

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China Morning Snapshot – 08 July 2025

The market remained cautious in the wake of the US government’s tariff announcement targeting 14 trading partners, fuelling concerns over global economic headwinds.
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