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China Morning Snapshot – 19 February 2025
19 Feb 2025 Spot PP and PE sellers held offers stable to slightly firmer, in line with trends on the Dalian Commodity Exchange. In the LLDPE sector, a CNY50/ton increase was implemented in anticipation of the upcoming spring sowing season
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19 Feb 2025

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19 February 2025 - Shenhua's coal-based PP and PE Auction Results

Shenhua wrapped up today’s auction session on a strong footing, bolstered by the sustained strength of futures contracts on the Dalian Commodity Exchange. The coal-based producer’s decision to keep auction prices largely unchanged
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18 Feb 2025

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Taiwanese major reduces March PVC offers to India, maintains prices elsewhere

A key Taiwanese PVC producer has announced its March shipment offers to Asia, adopting a stable-to-softer pricing strategy, with a notable focus on India. However, market reception has been muted
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18 Feb 2025

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Malaysian producer raises March LDPE offers to Vietnam; other grades remain unavailable

Despite ongoing supply tightness, sluggish regional demand has constrained the producer’s ability to implement price hikes. The latest increase is the first since July 2024.
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18 Feb 2025

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China Morning Snapshot – 18 February 2025

Sellers maintained firm offers, buoyed by the strength in futures, yet continued to seek clearer signs of a demand-driven recovery. Over the past several trading days, sources noted an uptick in need-based purchases
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18 Feb 2025

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18 February 2025 - Shenhua's coal-based PP and PE Auction Results

Despite a CNY 90/ton increase in LLDPE auction prices, buying interest remained resilient, driven by renewed demand from the agricultural film sector. Manufacturers in this segment are progressively ramping up operating rates
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17 Feb 2025

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Indonesian major raises local HDPE film offers, other grades unchanged amid weak demand

Recent disruptions across Southeast Asian PE plants have exacerbated supply constraints. On the demand side, Indonesian buyers have been selectively purchasing PP and PE cargoes from local sources due to concerns over supply constraints and unfavourable exchange rates, which have eroded the competitiveness of imports.
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17 Feb 2025

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China Morning Snapshot – 17 February 2025

Despite firm trends on the Dalian Commodity Exchange, domestic suppliers maintained a cautious approach in setting spot PP and PE offers, leaving prices largely unchanged from the previous session.
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