19 Nov 2025
Shenhua’s latest auction recorded strong buying interest for PP and LLDPE, driven by extended discounts. Homo-PP yarn saw near-full clearance, with 95.8% of offered cargo sold, while LLDPE film achieved complete clearance
Stock reduction in polyolefin did little to improve market sentiment, with sellers continuing to adjust prices—particularly in PP—to encourage buying interest
19 Nov 2025 SPVC k67-68
Market participants now expect December shipment offers from regional and international suppliers to take a stable to softer trajectory amid intensifying competition.
18 Nov 2025
Shenhua’s latest auction drew firmer interest on Wednesday, particularly led by higher deal volumes for homo-PP yarn as buyers responded to slightly lower offer levels.
Shandong Yulong’s auction on 18 November delivered another subdued performance, with no deals recorded for PP and only small parcels of HDPE and LLDPE transacted.
In the physical market, local LLDPE film prices held steady after a brief uptick from some sellers, reflecting cautious buying sentiment. By contrast, homo-PP grades softened by around CNY 50/ton amid extended subdued demand.
17 Nov 2025
The muted response reflected the broader tone of the market at the start of the week, where sentiment remained cautious and transaction appetite stayed thin.
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