26 Jun 2025
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
25 Jun 2025
Despite weakening trends in key polyolefin futures contracts on the Dalian Commodity Exchange, Shenhua succeeded in improving deal volumes by lowering auction starting prices across major product lines.
Shandong Yulong’s latest auction concluded with no successful transactions across all PP and PE grades, marking a complete sell-through failure as bearish sentiment gripped the Chinese market.
However, sellers largely capped discounts at around CNY 50/ton, reflecting a cautious but deliberate approach to price correction.
24 Jun 2025
A key Taiwanese producer has sharply raised July PVC shipment offers to Asia, in line with earlier market expectations, but the move has drawn immediate pushback
A sharp drop in crude oil futures and continued losses on the Dalian Commodity Exchange further dampened buying confidence, prompting many participants to retreat to the sidelines.
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