27 Dec 2024
Despite having a small auction quantity on the final trading day of the week, Shenhua proactively introduced discounts of CNY 20/ton on homo-PP and CNY 60/ton on LLDPE following sluggish trading results in the previous session.
26 Dec 2024
The PET bottle market traditionally experiences an upswing toward the end of the first quarter, driven by preparations for summer demand, which could offset the impact of new production startups. However, the anticipated supply increase has led buyers—both domestic and international—to adopt a cautious stance
26 Dec 2024
The most actively traded PP and LLDPE futures contracts for May 2025 delivery concluded the morning session with a stable-to-firm trend. This performance was underpinned by regional equity gains and government announcements regarding plans to raise bond issuances to unprecedented levels in 2025.
26 Dec 2024
Trading activity on the Shenhua Auction Platform softened toward the weekend, with homo-PP drawing limited buying interest due to the lack of competitively priced cargoes. In contrast, Chinese buyers exhibited strong demand for LLDPE film,
23 Dec 2024 LD Lamination LL C4 Film
Despite these headwinds, the Saudi producer’s confidence stems from robust demand for LLDPE film and LDPE lamination in China. According to CommoPlast data, the Chinese LLDPE film market has experienced a sustained rally over the past seven weeks, driven by solid demand and tight supply.
23 Dec 2024 HD Film LD Film
A leading Malaysian petrochemical producer has unveiled its January price list for PP and PE shipments to Indonesia, maintaining prices at the previous month’s levels while omitting offers for HDPE. Industry insiders interpret this as a strategic adjustment aimed at prioritizing higher-margin products amid shifting market dynamics.
23 Dec 2024
Although the Indonesian Rupiah has shown some recovery against the US dollar compared to the previous week, it continues to trade above the critical threshold of IDR 16,000 to USD 1. This persistent weakness has deterred local suppliers from rushing any price reductions.
