Mar 23, 2026 1:27 a.m.
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News Insight & Analysis

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China set to confront petrochemical overcapacity with sweeping overhaul
20 Aug 2025 According to people familiar with the matter, the Ministry of Industry and Information Technology is finalising a package that would require plants older than 20 years to undergo costly retrofits
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20 Aug 2025

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China Morning Snapshot – 20 August 2025

Distributors observed slower activity than on Tuesday, with converters mostly remaining on the sidelines in expectation of possible further concessions.
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19 Aug 2025

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Vietnamese major rolls over local PP, PE offers despite mounting exchange rate pressures

The Vietnamese Dong diverged from most other regional currencies, which strengthened in tandem with the softer US dollar. Instead, it weakened sharply to a record
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19 Aug 2025

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Shenhua Auction: Minor discounts triggered diverged buying sentiment

Sentiment on the Shenhua Auction Platform remained subdued, with PP continuing to lag behind despite the producer’s attempts to stimulate demand.
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19 Aug 2025

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Shandong Yulong Auction: Discounts fail to lift demand beyond need-based buying

Among the few active segments, LLDPE film attracted slightly more attention, though market participants noted that interest stemmed largely from small
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19 Aug 2025

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Indonesian PP, PE market softened under currency shifts and mounting competition

Buying appetite remained muted, as most converters had already restocked in recent weeks and were waiting for clearer signals amid expectations of further price erosion.
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19 Aug 2025

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China Morning Snapshot – 19 August 2025

In the domestic spot market, PP offers were cut further as sellers attempted to stimulate demand against the backdrop of weaker futures and muted buying interest.
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18 Aug 2025

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Shenhua Auction: Need-based buying supported auction results at the week’s start

The session delivered only moderate trading interest, with deal volumes subdued as buyers confined their procurement to immediate requirements.
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