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News Insight & Analysis

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China Morning Snapshot – 12 June 2025
12 Jun 2025 Despite the day-on-day stability in domestic spot prices, purchasing behaviour remains mixed across product grades. HDPE and LDPE film grades are reportedly witnessing stronger demand than PP and LLDPE film
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11 Jun 2025

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Shenhua Auction: Buyer resistance mounts amid price pressures

Buyer resistance emerged clearly in response to higher offer levels, and some market participants were reportedly diverted by the return of the Shandong Yulong Auction session
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11 Jun 2025

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Shandong Yulong Auction: Irregular schedules and unappealing pricing hurt auction results

Shandong Yulong resumed online auctions after a brief suspension; however, despite firmer futures prices on the Dalian Commodity Exchange and a relatively modest auction volume
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11 Jun 2025

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Indonesian producer raised local PE offers on supply concerns; PP prices hold steady

Following a brief period of stabilisation, a major Indonesian producer has increased its local PE offers moderately while keeping most PP prices unchanged, with the exception of PP block copolymer.
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11 Jun 2025

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China Morning Snapshot – 11 June 2025

Spot LLDPE film offers posted a modest gain of CNY 50/ton compared to the previous day, while homo-PP prices remained largely unchanged.
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10 Jun 2025

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Shenhua Auction: Trading activity rebounds amid stronger external support

Trading sentiment on the Shenhua Auction Platform remained firm during the second trading session of the week, driven by robust performance in futures contracts on the Dalian Commodity Exchange and rising energy costs.
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10 Jun 2025

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China Morning Snapshot – 10 June 2025

Trading sentiment in the domestic PP and PE markets showed marked improvement compared to earlier sessions, supported by replenishment activity
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09 Jun 2025

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Shenhua Auction: Healthy transactions driven by need-based purchases, absence of alternatives

In the absence of supply from Shandong Yulong, which did not hold its usual auction, Chinese buyers returned to the Shenhua platform to fulfil immediate procurement requirements.
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