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News Insight & Analysis

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Indonesian producer rolls over PVC offers for May as demand remains subdued
07 May 2025 Despite earlier expectations of a post-Ramadan rebound, demand remains muted, weighed down by escalating global trade tensions and sluggish government spending.
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07 May 2025

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China Morning Snapshot – 07 May 2025

Despite the rising inventory levels, major Chinese producers promptly withdrew all discount offers in a show of confidence after the futures market’s recovery
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06 May 2025

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Shenhua Auction: No sign of demand recovery as market stays cautious

The resumption of trading post-holiday brought no relief to Shenhua. The auction session was marked by sluggish participation, particularly for LLDPE, where deal volumes reached just 1%
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06 May 2025

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Shandong Yulong Auction: Disappointing auction results as the market resumes trading

Despite ongoing distributorship assessments obliging local traders to offtake volumes via the auction platform, Shandong Yulong resumed post-holiday auctions on a distinctly subdued note
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06 May 2025

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Indonesian PP and PE markets extend downtrend amid weak demand and currency gains

According to market sources, the latest price cuts reflect the sharp appreciation of the Rupiah against the US dollar and persistent weakness across Asian markets due to broader macroeconomic concerns.
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06 May 2025

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China Morning Snapshot – 06 May 2025

The Chinese PP and PE market resumed trading on a weak note and in spite of the CNY 50/ton discounts on both grades, buyers showed no interest in immediate replenishment amid a cloudy near-term outlook.
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02 May 2025 SPVC k67-68

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Chinese PVC market slips into holiday lull as sentiment softens

On the demand front, there has been a marginal boost in interest for agricultural pipe products, driven by drought conditions across parts of Southern China.
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02 May 2025 PET Bottle

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Chinese PET bottle market rallies for second week on cost surge, output curbs

At the time of this report, most major producers had completed May business, with some indicating that their June allocations were already sold out.
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