Saudi major raises march LLDPE film offers to Vietnam amid supply crunch

24 Feb 2025 With supply constraints from key overseas producers persisting, expectations are growing that the uptrend will extend into the coming months. These concerns have fuelled buying activity in the local market over the past week

24 Feb 2025

China Morning Snapshot – 24 February 2025

Despite weakness in the futures market, domestic producers maintained steady spot offers, closely monitoring near-term supply dynamics. In the LLDPE sector, sellers remained alert to tightening import allocations amid supply constraints

24 Feb 2025

24 February 2025 - Shenhua's coal-based PP and PE Auction Results

Nonetheless, market participants remained vigilant toward the possibility of seasonal shifts in demand. In the homo-PP sector, market participants have noted a modest uptick of interest in agricultural packaging

22 Feb 2025 PET Bottle

Chinese PET bottle market extends gains amid upstream cost pressures; uncertainty looms

As reported earlier, large-scale buyers in the beverage sector have procured tens of thousands of tons of PET bottle resin during the downswing in December for February delivery. With suppliers now focusing on fulfilling these commitments, immediate sales pressure has subsided.

22 Feb 2025 LD Film

Chinese LDPE film market surges to two-month high on tight supply, stronger demand

Overseas suppliers have begun capitalizing on the bullish momentum in the local market to strengthen import offers to China. Market participants are closely assessing China's response to determine potential ripple effects in other markets.

21 Feb 2025

China Morning Snapshot – 21 February 2025

The domestic spot market has not witnessed any major changes on the final trading day of the week. Minor price adjustment of CNY 50/ton on PP and PE cargoes has limited impact on purchasing activities

21 Feb 2025

21 February 2025 - Shenhua's coal-based PP and PE Auction Results

Trading activity on the Shenhua Auction Platform remained stable despite persistent weakness in the futures market. The marginal increase of CNY 40/ton in LLDPE auction prices had minimal impact on overall transaction performance compared to the previous session.

20 Feb 2025

Saudi major leads march PE price hikes in Vietnam amid intensifying supply tightness

While market response to the latest HDPE and LDPE offers has been tepid, the sharp cut in LLDPE supply has triggered a degree of panic buying. Given the maker’s position as Vietnam’s largest LLDPE supplier, the severe reduction in volume

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