Dec 14, 2025 12:58 p.m.
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News Insight & Analysis

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China Morning Snapshot – 04 July 2025
04 Jul 2025 The market remains on edge as traders gauge the impact of US policy moves, but a clear divergence in sentiment is emerging between the PP and PE sectors.
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03 Jul 2025

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Vietnam VAT cut triggers downward price adjustments in local PP, PE markets

Initial confusion surrounded the policy’s scope, but subsequent clarifications confirmed that polyolefins are eligible for the reduced VAT rate. Local suppliers responded promptly by trimming offers for both PP and PE
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03 Jul 2025

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Shenhua Auction: Sell-through rates rebounded on stronger futures

Buoyed by the ongoing strength in Dalian Commodity Exchange futures, Chinese buyers exhibited renewed confidence, pushing Shenhua’s overall sell-through rate markedly higher compared to previous sessions.
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03 Jul 2025

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Shandong Yulong Auction: Discounted prices stimulate cautious buying

Shandong Yulong’s latest online auction session concluded with a marked uptick in deal volumes, underpinned by more competitive pricing and stabilising futures sentiment.
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03 Jul 2025 SPVC k67-68

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Indonesian PVC producer lowers July offers as local demand stays subdued

The downward adjustment comes amid muted trading activity, as most converters refrain from restocking during the seasonal lull.
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03 Jul 2025

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China Morning Snapshot – 03 July 2025

In the physical market, local offers were mostly stable to marginally firmer compared to yesterday, supported by the relatively steady futures trend.
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02 Jul 2025

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Shenhua Auction: Higher futures and strategic discounts drive sell-through gains

Shenhua’s decision to apply CNY 30–50/ton discounts to its starting bids offered additional incentive, attracting renewed interest from arbitrage traders and restocking buyers.
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02 Jul 2025

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Indonesia’s Lotte Titan stabilises cracker, rolls out PP cargoes from new unit

The startup has reinforced expectations of rising domestic PP availability, which has already weighed on buyer sentiment in recent weeks.
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