Shenhua’s final auction session of the week presented a bifurcated performance across the polyolefin complex, as the momentum in the LLDPE segment held firm against a backdrop of increasing volatility in the futures market.
As China steps back from aggressive discounting, other international producers gain room to recalibrate offers, marking a shift from volume-driven liquidation toward a more disciplined repricing phase that prioritises margin recovery.
Shenhua’s latest auction session recorded strong sell-through rates across both PP and LLDPE segments, signalling that buyers are increasingly willing to accept higher price levels to secure immediate restocking needs.