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Shenhua Auction: Auction sales dwindle, mirroring subdued futures sentiments
17 Mar 2025 The Shenhua Auction Platform opened on a steady note, initially reflecting a modest rebound in early-session trading on the Dalian Commodity Exchange. However, buying interest turned increasingly cautious as futures performance softened toward the mid-day break.
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17 Mar 2025

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Shandong Yulong Auction: LLDPE Sales surge on strategic discounts, while PP demand holds solid

The Shandong Yulong auction platform closed with strong sales, registering solid performance across most grades. The day’s active trading was driven by the producer’s strategic pricing adjustments
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17 Mar 2025

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Malaysian producer hiked LDPE prices in Vietnam for the second straight month on tight supply

Meanwhile, the producer has abstained from offering HDPE cargoes to Vietnam for the fourth straight month, citing intense competition and unsustainable margins.
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17 Mar 2025

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Chinese PP suppliers cut export offers as domestic market hits 13-month low

This drop, which interrupted a three-week period of relative stability, pushed prices back to levels last seen in early February 2024. Market sentiment remains bearish, with little optimism for a near-term recovery.
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17 Mar 2025

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China Morning Snapshot – 17 March 2025

The spot market opened the week on a stable-to-softer trajectory, mirroring trends on the futures market. However, buyers remained hesitant to make substantial purchases, constrained by weak end-product demand.
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14 Mar 2025

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Shenhua Auction: Homo-PP sales outperformed LLDPE amid diverged futures performance

The Shenhua Auction Platform opened on a stable-to-firm footing, supported by the previous day’s strong sales. A modest rebound on the Dalian Commodity Exchange bolstered buying confidence
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14 Mar 2025

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Shandong Yulong Auction: LLDPE sales weakened while PP’s performance remained robust

By contrast, homo-PP cargoes across all grades and delivery terms saw full acceptance, supported by minor futures gains and ongoing efforts by exporters to secure long-term contracts with the producer.
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14 Mar 2025

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China Morning Snapshot – 14 March 2025

Spot sellers held offers steady in line with the Dalian Commodity Exchange. However, buying interest remained subdued, with transactions proceeding on a cautious hand-to-mouth basis.
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