13 Aug 2025
Auction results on Wednesday highlighted a market still stuck in low gear, with PP homo yarn demand going nowhere fast while LLDPE film caught a brief lift from price cuts.
13 Aug 2025 PPH Raf
The supply overhang has deepened in recent months as China commissioned 12 new PP lines since late 2024
Spot offers for both PP and PE remained unchanged, but sentiment in the PP segment is notably softer than in PE.
12 Aug 2025
Auction sales on Shenhua Auction Platform strengthened this morning, with homo-PP yarn drawing notably firmer buying interest after prices were set CNY50/ton lower than on Monday.
Shandong Yulong’s latest auction session saw a rebound in homo-PP yarn and HDPE transactions, with lower starting prices drawing in more buyers compared to last Thursday.
In spot trade, homo-PP remained steady while LLDPE edged higher, buoyed by stronger futures performance.
12 Aug 2025 Propylene
While questions remain over the sustainability of the upturn, market participants see limited downside in the immediate term.
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