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China Morning Snapshot – 12 December 2025
12 Dec 2025 Despite the sharp decline in futures, domestic suppliers remained cautious in their spot offers. PP prices were maintained, while LLDPE film saw only a modest reduction of CNY 50/ton.
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11 Dec 2025

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Shenhua Auction: Stronger buying as prices hover CNY 50 above COVID-era floor

Homo-PP yarn attracted particular interest, with the auction price at CNY 5,950/ton — just CNY 50/ton above the historic COVID-era low of CNY 5,900/ton recorded in late March 2020.
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11 Dec 2025

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Shandong Yulong Auction: Selective buying emerges for LLDPE film and HDPE yarn as discounts draw out restocking

There was some targeted buying interest in LLDPE film and HDPE yarn after small price reductions and a mild rebound in futures.
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11 Dec 2025

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Chinese PVC producers slash outputs as bleak market drags on

The steep fall spurred only lukewarm buyer responses, which, coupled with the lack of confidence in the near-term demand outlook, nudged several producers to trim operating rates.
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11 Dec 2025

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China Morning Snapshot – 11 December 2025

PP and LLDPE futures for the January 2026 contracts on the Dalian Commodity Exchange opened with a brief rebound on Thursday before easing toward the end of the morning session, offering only limited support to sentiment after several sessions of decline.
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10 Dec 2025

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Shenhua Auction: Weaker futures push auction prices lower yet caution lingers

PP and LLDPE futures for the January 2026 contract on the Dalian Commodity Exchange extended their losses on Wednesday, adding fresh downward pressure to Shenhua’s daily auction.
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10 Dec 2025

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Navigating the Squeeze: Asian Crackers Double Down on Feedstock Optimisation

Expanding feedstock flexibility has emerged as one of the most strategically viable responses—allowing operators to manage costs, diversify byproduct slates, and enhance long-term resilience
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10 Dec 2025

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China Morning Snapshot – 10 December 2025

Futures weakness continued to dominate sentiment, leaving buying interest subdued and trading activity slow and selective. This left forward sales for January delivery difficult, with many buyers holding back in anticipation of further softness and awaiting clearer direction.
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