Apr 04, 2025 10:59 a.m.
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News Insight & Analysis

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Shenhua Auction: Buyers stepped up hand-to-mouth purchases, but futures jitters capped the enthusiasm
03 Apr 2025 The Shenhua Auction Platform saw improved sales from the previous session, driven by stronger hand-to-mouth purchasing in both the LLDPE and PP segments. However, bids were noticeably more cautious, reflecting the softness on the Dalian Commodity Exchange.
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03 Apr 2025

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Shandong Yulong Auction: Auction sales remained robust, but deal prices dipped on macroeconomic caution

Although Shandong Yulong’s auction platform continued to see elevated uptake rates, bidders settled deals at lower levels, reflecting caution in both the spot market and the Dalian Commodity Exchange. In the spot market, discounts had been required to stimulate buying, prompting traders to mitigate pricing risks during restocking.
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03 Apr 2025

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China Morning Snapshot – 03 April 2025

Key PP and LLDPE contracts on the Dalian Commodity Exchange weakened throughout the morning session, weighed down by the US government’s sweeping tariffs on China, among other trading partners.
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02 Apr 2025

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Shenhua Auction: LLDPE and PP performance split, echoing spot market trends

The LLDPE segment continued to underperform PP on the Shenhua Auction Platform, even after a recovery in the futures market. This contrast echoed trends in the spot market, where LLDPE prices remained in decline for a 14th week
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02 Apr 2025

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Shandong Yulong Auction: Resilient futures and competitive pricing bolster sales

Trading activity on the Shandong Yulong Auction platform continued to strengthen, driven by attractive pricing and the sustained firmness of key contracts on the Dalian Commodity Exchange.
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02 Apr 2025

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Freightos Baltic: Ocean freight rates stabilised as frontloading activities tempered broader market weakness

Nonetheless, fundamental weaknesses persisted in the wider freight market, particularly after a year-on-year expansion in fleet capacity. On the Asia — Europe lane, rates fell below 2024’s floor as the market entered a seasonal lull.
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02 Apr 2025 PET Bottle

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Chinese PET bottle market stagnates despite supply disruptions

With Muslim-majority markets closed for the Eid al-Fitr holiday, inquiries have been lacklustre over the past week. While some suppliers anticipate a post-holiday recovery, not all share the same optimism.
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02 Apr 2025

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China Morning Snapshot – 02 April 2025

Despite the rebound in LLDPE futures, spot prices saw little opportunity for an upward adjustment. Weighed down by weak confidence in Q2’s outlook, producers held offers steady
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