30 Jun 2025
The move reflects lower geopolitical risks in the Middle East and a revival in US-China propane trade, both of which have eased upward price pressures.
The weakening key futures contracts on the Dalian Commodity Exchange coupled with the routine month-end closing weighed heavily on the domestic spot market.
27 Jun 2025
Shenhua's auction results revealed buyers’ selective appetite under a market clouded by uncertainty. The sell-through rate for coal-based homo-PP fell to just above 77%,
The uptrend added further strength to sentiment ahead of the weekend, though spot markets continued to lag behind.
26 Jun 2025
In an uncharacteristic move, a key Taiwanese PVC producer has revised down its July shipment offers to Asia by $20/ton, just two days after announcing initial increases.
Shenhua saw a marked improvement in deal volumes this session, driven by a more aggressive pricing strategy and firmer cues from the futures market. PPH yarn posted an 80% deal rate, while HDPE film achieved a near sell-out.
Despite the uptick in futures, spot trading sentiment remained subdued. Sellers maintained a softer tone on PP and PE offers
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