25 Aug 2025
Shenhua opened the trading week on a firmer footing, with strong take-up in homo-PP yarn and LLDPE film lending tentative support to market sentiment.
The Vietnamese dong, although recovering from last week’s slide, remains about 0.5% weaker than at the beginning of August.
A major Indonesian producer has released its latest weekly polyolefin offers, lowering PE prices further while largely keeping PP stable, with the exception of PP block copolymer.
Market participants expect inventory digestion to accelerate through the remainder of August, as distributors and traders are obliged to lift committed volumes before the month-end deadline.
23 Aug 2025 PET Bottle
Suppliers lifted prices following a surge in PX and PTA futures on Chinese commodity exchanges. Market concerns intensified after ten South Korean petrochemical producers agreed to cut naphtha-cracking rates by up to 25%.
22 Aug 2025
Shenhua Auction Platform concluded the final trading session of the week with firm buying interest, supported by the steady performance of PP and LLDPE futures on the Dalian Commodity Exchange before prices eased toward the session close.
The reductions highlight the growing pressure to revive demand in a market weighed down by expanding domestic capacity and subdued buying sentiment.
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