21 Jul 2025
The notice aims to clarify the condition of ageing infrastructure and to standardise assessment benchmarks, but market participants are awaiting further clarification—particularly on how “old” plants will be defined.
Most converters were observed to be cautious, implementing selective procurement rather than engaging in bulk purchases.
18 Jul 2025
Shenhua concluded the final auction session of the week on a firm footing, buoyed by stable auction pricing and rising support from Dalian Commodity Exchange futures.
Riding on early gains in the futures market, domestic producers raised spot PP and PE offers by CNY 50/ton. These adjustments largely held firm
17 Jul 2025 PET Bottle
Since late May, at least five major Chinese PET bottle producers have partially idled their operations amid mounting cost pressures and compressed margins.
16 Jul 2025
Despite the tighter supply, Vietnamese buyers have shown little enthusiasm, opting to stay on the sidelines amid growing market uncertainty.
Despite continued weakness in the futures market, the slight CNY30/ton reduction in Shenhua’s auction offers from the previous session appears to have rekindled some interest
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