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News Insight & Analysis

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Shenhua Auction: Transactions remained resilient amid futures-led optimism
21 Jul 2025 Shenhua’s decision to keep auction starting prices largely unchanged from the previous Friday lent additional appeal to the offers, particularly in light of firming spot market sentiment.
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21 Jul 2025

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Indonesian maker ups PP, PE prices — Market responses remain tepid

The upward revision is most prominent in the PE segment, while the PP market saw modest adjustments. Notably, certain PP copolymer grades recorded reductions compared to the previous week.
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21 Jul 2025

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China to Assess Old Petrochemical Plants; Market Sees Potential for Gradual Support to Price Trend

The notice aims to clarify the condition of ageing infrastructure and to standardise assessment benchmarks, but market participants are awaiting further clarification—particularly on how “old” plants will be defined.
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21 Jul 2025

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China Morning Snapshot – 21 July 2025

Most converters were observed to be cautious, implementing selective procurement rather than engaging in bulk purchases.
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18 Jul 2025

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Shenhua Auction: Competitive pricing boosted sell-through rates

Shenhua concluded the final auction session of the week on a firm footing, buoyed by stable auction pricing and rising support from Dalian Commodity Exchange futures.
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18 Jul 2025

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China Morning Snapshot – 18 July 2025

Riding on early gains in the futures market, domestic producers raised spot PP and PE offers by CNY 50/ton. These adjustments largely held firm
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17 Jul 2025 PET Bottle

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Chinese PET bottle market struggles to regain momentum despite output cuts

Since late May, at least five major Chinese PET bottle producers have partially idled their operations amid mounting cost pressures and compressed margins.
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16 Jul 2025

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Vietnamese buyers cool on higher August PE offers from Malaysian major

Despite the tighter supply, Vietnamese buyers have shown little enthusiasm, opting to stay on the sidelines amid growing market uncertainty.
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