12 Aug 2025
Auction sales on Shenhua Auction Platform strengthened this morning, with homo-PP yarn drawing notably firmer buying interest after prices were set CNY50/ton lower than on Monday.
Shandong Yulong’s latest auction session saw a rebound in homo-PP yarn and HDPE transactions, with lower starting prices drawing in more buyers compared to last Thursday.
In spot trade, homo-PP remained steady while LLDPE edged higher, buoyed by stronger futures performance.
12 Aug 2025 Propylene
While questions remain over the sustainability of the upturn, market participants see limited downside in the immediate term.
11 Aug 2025
Auction sales for PP homo yarn and LLDPE at Shenhua this morning was broadly in line with last Friday’s performance, with activity underpinned mainly by routine, need-based procurement at the start of the week.
The adjustments, though largely anticipated, failed to spur immediate restocking activity, casting doubt over the sustainability of the current trend.
11 Aug 2025 SPVC k67-68
Beyond domestic demand concerns, sentiment is being further undermined by a weakening regional market. Chinese PVC exporters have cut offers for the first time in six weeks
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