22 Nov 2024
The Shenhua auction platform closed today's session on a strong note, despite a lackluster Dalian Commodity Exchange. The CNY 60/ton price increase did not deter buyers, with LLDPE continuing its upward trajectory, achieving fully sold quantities.
21 Nov 2024
In the LLDPE film sector, trading activity remained robust, even as spot prices increased by another CNY 50/ton. While LLDPE film continues to exhibit strength, the broader market paints a mixed picture. Demand for other PE grades remains tepid, and the PP segment faces significant buyer resistance.
21 Nov 2024 Propylene
The Asian propylene market plunged to its lowest levels in 11 months this week, pressured by sluggish demand and oversupply across the region. In stark contrast to the relatively stable ethylene market, propylene continues to grapple with bearish conditions that show little sign of easing.
21 Nov 2024
The Shenhua auction platform concluded today’s session on a strong note, particularly for LLDPE materials, which all allocations successfully sold despite continuously firming prices. Chinese buyers demonstrated robust interest in LLDPE
20 Nov 2024
Nevertheless, Indian buyers do not expect any sharp spike in the new offers, as the overall supply in the local market is comfortable at the moment. According to market sources, PVC imports into India exceeded
20 Nov 2024
20 Nov 2024
With key futures contracts on the Dalian Commodity Exchange extending their upward trajectory—most notably LLDPE contracts reaching their highest levels since July 2024—Chinese buyers displayed increased interest in securing coal-based parcels on the Shenhua Auction Platform.
