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Shenhua Auction: Auction sales deteriorate as futures markets soften
12 Mar 2025 Trading sentiment on the Shenhua Auction Platform weakened further, weighed down by sharp losses on the Dalian Commodity Exchange. In response, the coal-based producer lowered auction prices for both homo-PP and LLDPE by CNY30/ton from the previous session.
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12 Mar 2025

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Shandong Yulong Auction: Sales results diverged, tracking futures contracts

The decline in LLDPE activity was largely attributed to heightened buyer caution, influenced by losses on the Dalian Commodity Exchange, where LLDPE film underperformed relative to homo-PP yarn.
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12 Mar 2025

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Chinese homo-PP exports split as sellers take diverging strategies

Chinese homo-PP exporters adopted divergent pricing strategies this week, underscoring a fragmented response to a highly volatile market. While some sellers raised prices to offset exchange rate fluctuations, others opted for price cuts to secure transactions
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12 Mar 2025

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China Morning Snapshot – 12 March 2025

Spot sellers conceded to CNY 50/ton discounts in response to weakness on the Dalian Commodity Exchange. However, the price cuts failed to stimulate buying interest
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11 Mar 2025

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Shenhua Auction: Auction sales dipped as coal-based cargoes lose appeal

Trading sentiment on the Shenhua Auction Platform deteriorated noticeably compared to the previous session, with LLDPE transaction volumes slipping below 40% by the close. Market sources attribute the decline primarily to the narrowing price gap between spot and auction prices
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11 Mar 2025

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Shandong Yulong Auction: Discounts on deals continued to support demand

Shandong Yulong concluded its latest auction session with solid results, partly supported by the producer's responsive pricing strategy, with downward adjustments aimed at counterbalancing the prevailing weak sentiment in the domestic market.
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11 Mar 2025

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China Morning Snapshot – 11 March 2025

Despite the downturn on the Dalian Commodity Exchange, Chinese suppliers maintained stable spot PP and PE offers from the previous trading day. However, traders showed less confidence.
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10 Mar 2025

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Shenhua Auction: Discounts spurred purchasing interest

With major futures contracts on the Dalian Commodity Exchange regaining momentum, Shenhua maintained auction prices for all available grades unchanged from the previous session. However, transactions were finalized at CNY 20–40/ton lower,
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