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News Insight & Analysis

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China Morning Snapshot – 12 November 2025
12 Nov 2025 On the physical market, prices were somewhat influenced by softer futures performance, with PP cargoes offered at modest discounts. However, LLDPE prices were largely stable, though sellers noted some flexibility for negotiation, leading to a few deals after minor price concessions
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11 Nov 2025

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Shenhua Auction: Firmer futures lure cautious buyers back into the market

Transaction volumes for homo-PP yarn and LLDPE film rose notably at Shenhua’s latest session, supported by steadier movements in PP and LLDPE futures on the Dalian Commodity Exchange, which traded within a narrow range before softening slightly toward midday.
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11 Nov 2025

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Shandong Yulong Auction: PE film cargoes remain unsold as buyers stay cautious

Shandong Yulong’s latest auction concluded with only a few transactions for homo-PP yarn and select HDPE cargoes, while all PE film offers went unsold, reflecting muted buying appetite.
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11 Nov 2025 HD Film LL C4 Film

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Malaysian LLDPE film slips under MYR 4,000/ton mark as HDPE stays steady

Buyer caution was further reinforced by manufacturers’ plans to maintain lean inventories ahead of year-end financial closings, limiting stockpiling activity.
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11 Nov 2025 SPVC k67-68

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Indonesian major slashed local PVC offers for November, demand remained lukewarm

The adjustments, according to market sources, were inevitable considering the intense downward pressure from softening regional market and lukewarm demand.
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11 Nov 2025

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Indonesian PP market steadies after sharp hike; LLDPE downtrend resumes

The producer’s IDR 340,000/ton ($20/ton) reduction in LLDPE film offers came as little surprise to the market. The company had held firm on pricing in recent weeks despite growing competition
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11 Nov 2025

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China Morning Snapshot – 11 November 2025

Sinopec and CNPC’s combined PP and PE inventories declined modestly by around 10,000 tons to an estimated 710,000 tons as of 11 November, market data showed
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11 Nov 2025 Ethylene

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Asian ethylene market extends losses amid prolonged demand slump

The Asian ethylene market continued its downward trajectory for a seventh consecutive week, with cumulative losses exceeding $100/ton from the cyclical peak in mid-September
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