China Morning Snapshot – 6 November 2025

06 Nov 2025 On the spot market, sellers trimmed offers for both homo-PP and LLDPE film grades by around CNY 50/ton, though buying interest stayed muted.

05 Nov 2025

Shenhua Auction: Sharp futures decline drags down buying interest

Continued futures slump eroded confidence and kept converters on the sidelines, resulting in the weakest auction performance in recent weeks.

05 Nov 2025 SPVC k67-68 SPVC (A) k67-68

Chinese PVC extended loses in Malaysia, buyers assess further loses

Import PVC offers from China to Malaysia extended their downtrend in the week to 5 November, edging closer to the $600/ton threshold amid subdued regional demand.

05 Nov 2025

China Morning Snapshot – 5 November 2025

Despite sellers offering additional discounts, overall market activity remained sluggish. Weakness in the futures market continued to dampen sentiment, with converters showing limited appetite for restocking amid concerns that prices could fall further.

04 Nov 2025 LL C4 Film PPH Raf

Shenhua Auction: Mild futures rebound fails to lift buying interest; resistance persists on higher-priced cargoes

At Shenhua’s latest auction, LLDPE film offers held broadly stable, while homo-PP yarn prices rose by about CNY70/ton from the previous session.

04 Nov 2025

Shandong Yulong Auction: Only LLDPE finds buyers as weak sentiment persists

Shandong Yulong’s latest auction on 4 November concluded with limited participation, as deals were recorded only for LLDPE film. All PP and HDPE grades failed to attract buying interest amid persistently weak sentiment and uncompetitive price levels.

04 Nov 2025

Indonesian PP market rallies on consecutive hikes, but PE struggles for support

Local buyers responded cautiously to the sharp increases in PP offers, citing comfortable inventory levels and adopting a wait-and-see stance toward the near-term outlook.

04 Nov 2025 LD Film

Chinese LDPE film extends losing streak to seven weeks, outlook remains bleak

China’s domestic LDPE film market extended its decline for a seventh consecutive week, deepening losses even as the HDPE and LLDPE segments showed signs of stabilisation.

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