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News Insight & Analysis

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Indonesian PVC producer lowers July offers as local demand stays subdued
03 Jul 2025 The downward adjustment comes amid muted trading activity, as most converters refrain from restocking during the seasonal lull.
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03 Jul 2025

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China Morning Snapshot – 03 July 2025

In the physical market, local offers were mostly stable to marginally firmer compared to yesterday, supported by the relatively steady futures trend.
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02 Jul 2025

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Shenhua Auction: Higher futures and strategic discounts drive sell-through gains

Shenhua’s decision to apply CNY 30–50/ton discounts to its starting bids offered additional incentive, attracting renewed interest from arbitrage traders and restocking buyers.
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02 Jul 2025

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Indonesia’s Lotte Titan stabilises cracker, rolls out PP cargoes from new unit

The startup has reinforced expectations of rising domestic PP availability, which has already weighed on buyer sentiment in recent weeks.
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02 Jul 2025

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Chinese producers trimmed export offers as buying sentiment weakened

In the domestic market, spot homo-PP prices continued to edge lower, tracking losses in the Dalian Commodity Exchange. However, the pullback remains concentrated at the high end of the price range
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02 Jul 2025

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China Morning Snapshot – 02 July 2025

The uptick followed a fresh government directive aimed at steering industrial players toward higher product quality and phasing out outdated production capacity—a move seen as a step toward long-term structural reform in the sector.
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01 Jul 2025

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Shenhua Auction: Pessimism persists as July opens with weak buying appetite

The discounts were not enough to offset prevailing market pessimism, particularly as Dalian Commodity Exchange futures continued to trend lower, reinforcing a bearish sentiment.
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01 Jul 2025

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Shandong Yulong Auction: Muted bidding as buyers resist uncompetitive offers

Shandong Yulong Petrochemical struggled to draw meaningful buying interest at its latest auction held this morning, 1 July 2025, as a firm pricing stance clashed with a weakening market.
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