Feb 04, 2026 3:30 p.m.
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News Insight & Analysis

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Rising freight rates, currency exchange weighed on China’s PVC export market
01 Dec 2025 China’s export PVC market extended its weakening trend over the past week, with carbide-based cargoes recording a fourth consecutive weekly decline to new lows.
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01 Dec 2025

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Official data: China PMI data shows eighth month of contraction in manufacturing, even as new order gauges inch up

China’s official manufacturing PMI rose slightly to 49.2 in November, up from 49.0 in October — but remained below the 50‑point expansion threshold, marking an eighth consecutive month of contraction.
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01 Dec 2025

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China Morning Snapshot – 01 December 2025

Local PP and PE offers held broadly steady at the start of the week, though some sellers indicated that modest price increases could follow if futures extended their morning strength.
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28 Nov 2025

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Steeper-than-expected December PP, PE cuts from Malaysian producer surprised local market

However, the wide premium of local cargoes over imported materials ultimately forced producers to realign their prices.
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28 Nov 2025

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Shenhua Auction: Futures snap losing streak, prompting selective restocking

Homo-PP yarn, offered at CNY 40/ton above earlier levels, drew steady interest even as previously released lower-priced cargoes had been cleared. LLDPE film, priced at a CNY 20/ton discount, also saw firmer deal activity, suggesting a measured but responsive pickup in buying.
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28 Nov 2025

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China Morning Snapshot – 28 November 2025

The January 2026 contracts for PP and LLDPE on the Dalian Commodity Exchange rallied on the final trading day of the week, ending a five-session losing streak.
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27 Nov 2025

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Shenhua Auction: Discounts spur buying ahead of month-end

Participation in Shenhua’s latest auction showed moderate improvement for homo-PP yarn, largely supported by a CNY 50/ton discount, which lifted the clearance rate to 84%. LLDPE film activity remained subdued, with the clearance rate unchanged at 42.9%, reflecting continued selective, need-based buying
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27 Nov 2025

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Shandong Yulong Auction: Slight Improvement in Activity but Demand Still Muted

Shandong Yulong’s 27 November auction recorded a mild increase in deal activity from earlier this week, though volumes remained limited, reflecting buyers’ continued preference for needs-based procurement.
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