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China Morning Snapshot – 12 September 2025
15 Sep 2025 Market participants noted that despite pressure from weaker LLDPE futures, seasonal demand and need-based replenishment by converters allowed sellers to resist deeper cuts.
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12 Sep 2025

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Shenhua Auction: Softer prices lift PP deals, LLDPE demand remains firm.

Shenhua concluded the final trading day of the week with marked improvement, supported by selective price adjustments.
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11 Sep 2025

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Shenhua Auction: Need-based buying persists amid further price weakness

Shenhua’s morning auction maintained a selective, need-driven tone. LLDPE film achieved moderate clearance, while homo-PP yarn attracted steady participation.
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11 Sep 2025

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Shandong Yulong Auction: HDPE sees selective uptake amid LLDPE absence

Shandong Yulong’s latest PP and PE auction saw modest improvements in deal volumes, underpinned primarily by need-based purchases.
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11 Sep 2025

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China Morning Snapshot – 11 September 2025

The domestic spot market continued to show divergent demand patterns. PP buyers largely stayed on the sidelines, showing little interest in fresh replenishment even at discounted levels.
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10 Sep 2025

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Vietnamese homo-PP market sinks as weak demand, supply glut eclipse FX support

Market sentiment remains cautious, with converters citing an uncertain regional demand outlook as reason for conservative procurement strategies.
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10 Sep 2025

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Shenhua Auction: Improved deals for PE, while homo-PP Yarn remains under pressure

Homo-PP yarn continued to face subdued demand, with deals concluded at CNY40–100/ton below Tuesday’s levels, highlighting persistent weakness in this grade.
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10 Sep 2025

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Indonesian producer hikes September PVC offers amid lighter stock pressure

However, questions remain over the sustainability of the increase, particularly as Chinese PVC prices have been on a steady decline for five consecutive weeks.
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