18 Nov 2025
In the physical market, local LLDPE film prices held steady after a brief uptick from some sellers, reflecting cautious buying sentiment. By contrast, homo-PP grades softened by around CNY 50/ton amid extended subdued demand.
17 Nov 2025
The muted response reflected the broader tone of the market at the start of the week, where sentiment remained cautious and transaction appetite stayed thin.
Despite weaker futures, domestic suppliers kept spot PP and PE offers steady, monitoring the impact of newly idled plants on near-term supply.
15 Nov 2025 PET Bottle
The downward adjustment contrasted sharply with the continued firmness in the domestic market, adding to market participants’ confusion over the diverging trend.
14 Nov 2025
Market participants noted that some buyers who had held back earlier in the week returned to replenish inventories, preferring auction cargoes as spot market activity remained subdued
A market source described the reductions as “a remarkable step-down,” noting that the producer had kept LDPE film above $1,000/ton throughout the year.
On the export front, latest price lists for both ethylene- and carbide-based PVC fell below the $600/ton mark, reversing all gains recorded in the previous week. However, sellers reported a rise in purchasing activity from Indian buyers
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