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News Insight & Analysis

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Shenhua Auction: Firmer auction prices meet immediate buyer resistance
07 Aug 2025 Despite some restocking activity earlier this week, most buyers remain on the sidelines, reluctant to make further commitments until clearer direction emerges
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07 Aug 2025

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Shandong Yulong Auction: Weak deals dominate ahead of weekend as market remains unconvinced

The only exception was HDPE injection, which appeared for the first time in the auction but registered only a handful of trades on very limited volumes.
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07 Aug 2025

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Malaysian homo-PP market tumbles on surging supply; buyers remain wary

In contrast, another local producer has yet to implement any significant revisions to its August price list, widening the overall market range
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07 Aug 2025

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China Morning Snapshot – 07 August 2025

Despite the slight retreat in futures, domestic spot markets showed little immediate reaction.
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06 Aug 2025

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Shenhua Auctions: Demand holds firm amid upward pricing moves

Trading activities on the Shenhua Auction Platform remained resilient on Wednesday, underpinned by continued firming futures contracts and a general uptick in domestic spot prices.
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06 Aug 2025

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Saudi Aramco slashed August LPG OSPs to two-year lows on weak demand, ample supply

The move has sent prices to their lowest point in two years, underscoring persistent demand weakness and improved supply availability across key markets.
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06 Aug 2025

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Chinese homo-PP market slumps to 26-month lows on prolonged demand weakness

Buyers have shown cautious interest in restocking, yet the lack of confidence in downstream demand deterred any meaningful stockpiling, even at multi-year low prices.
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06 Aug 2025

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China Morning Snapshot – 06 August 2025

In the physical market, spot offers for both PP and LLDPE were lifted by CNY 50/ton in response to the bullish cues from futures.
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