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News Insight & Analysis

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Vietnamese homo-PP market sinks as weak demand, supply glut eclipse FX support
10 Sep 2025 Market sentiment remains cautious, with converters citing an uncertain regional demand outlook as reason for conservative procurement strategies.
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10 Sep 2025

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Shenhua Auction: Improved deals for PE, while homo-PP Yarn remains under pressure

Homo-PP yarn continued to face subdued demand, with deals concluded at CNY40–100/ton below Tuesday’s levels, highlighting persistent weakness in this grade.
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10 Sep 2025

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Indonesian producer hikes September PVC offers amid lighter stock pressure

However, questions remain over the sustainability of the increase, particularly as Chinese PVC prices have been on a steady decline for five consecutive weeks.
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10 Sep 2025 SPVC k67-68 SPVC (A) k67-68

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Demand slump, stockpiles drag Chinese PVC to multi-month lows

Waning demand at home and abroad has triggered a rapid build-up in inventories, weighing heavily on sentiment despite still-elevated upstream coking coal costs.
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10 Sep 2025

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China Morning Snapshot – 10 September 2025

The constant drawdown has yet to entice local producers to lift spot PP and PE prices – a development market sources attributed to the inventory management strategy ahead of the long break in October.
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09 Sep 2025

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Shenhua Auction: Price adjustments boosted competitiveness of auctioned cargoes

The session saw improved uptake, with LLDPE film achieving near-total clearance and homo-PP yarn attracting solid bids.
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09 Sep 2025

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China Morning Snapshot – 09 September 2025

Transactions were concentrated at the lower end of the price spectrum, which traders interpreted as a tentative sign of stabilisation.
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08 Sep 2025

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Shenhua Auction: Transactions falter at the start of the week

Market participants attributed the subdued performance to cautious sentiment across the domestic market, where converters remain reluctant to build stocks amid expectations of further price pressure.
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