08 Apr 2025
07 Apr 2025
While futures on the domestic commodity exchange plunged, spot markets saw more restrained declines as sellers adopted a cautious approach, opting to monitor the evolving macroeconomic landscape before adjusting offers.
07 Apr 2025
The Shenhua Auction Platform saw minimal procurement activity, mirroring an intraday futures market crash—down 1.25% for PP and 3.08% for LLDPE. Escalating US-China trade frictions remained central to buyer concerns
07 Apr 2025
Shandong Yulong’s auction platform saw a sharp downturn in performance compared to the previous session, following the steepest daily decline in futures since March 2020. Even so, a modest level of engagement persisted
07 Apr 2025
In a noteworthy move, a major Indonesian producer has once again lowered its weekly PP and PE offers to the domestic market, marking the second straight week of reductions despite the ongoing Eid al-Fitr holidays. The latest price cuts reflect continued pressure
07 Apr 2025
05 Apr 2025
Even for businesses not directly impacted by the US tariffs, the current market landscape remains fraught with challenges. Sentiment over the near-term outlook is increasingly bearish, weighed down by weakening demand, currency headwinds, and a sharp downturn in the energy complex.
