Dec 14, 2025 6:07 p.m.
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China Morning Snapshot – 10 December 2025
10 Dec 2025 Futures weakness continued to dominate sentiment, leaving buying interest subdued and trading activity slow and selective. This left forward sales for January delivery difficult, with many buyers holding back in anticipation of further softness and awaiting clearer direction.
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10 Dec 2025

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Aggressive pricing by Thai PE major fans uncertainty over short-term stability in China

Aggressive pricing by a major Thai PE supplier has unsettled expectations for a steadier Chinese import market, with sentiment slipping again this week after a short-lived burst of restocking.
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09 Dec 2025

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Shenhua Auction: Further downward pressure observed; discounted offers spur limited buying

Shenhua trimmed its opening prices for homo-PP yarn and LLDPE film by CNY 50/ton from the previous session in an effort to stimulate interest amid the weakening market tone.
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09 Dec 2025

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Shandong Yulong Auction: Zero uptake as spot market offer steep discounts

Shandong Yulong’s 9 December auction ended without a single concluded deal, marking another session of subdued engagement as sentiment across China’s domestic polyolefin market remains notably fragile.
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09 Dec 2025 PPH Inj PPH Raf

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Chinese PP export offers slip as weak demand overrides currency support

Although the latest reductions were modest, the moves suggested that suppliers may be attempting to accelerate sales ahead of the year-end holiday slowdown.
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09 Dec 2025

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China Morning Snapshot – 09 December 2025

PP and LLDPE futures for the January 2026 contract on the Dalian Commodity Exchange extended their decline through the morning session, reinforcing pressure across the domestic polyolefin market.
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09 Dec 2025 Propylene

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Asian propylene sustains four-week climb after five-and-a-half-year slump

Firmer feedstock costs and deepening supply concerns continued to underpin the recovery, though questions persisted over how long the upswing can be sustained.
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08 Dec 2025

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Shenhua Auction: Futures extend losses, further eroding PP and LLDPE buying interest

Shenhua’s latest auction opened the week on a notably softer footing, underscoring weaker buying interest across PP and particularly LLDPE.
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