May 03, 2025 3:42 a.m.
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News Insight & Analysis

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Shandong Yulong Auction: Strong demand drives additional supply allocation
10 Mar 2025 Shandong Yulong concluded today’s auction with unexpectedly strong purchasing activity despite higher price levels. Market participants attributed the robust demand to buyers' strategic efforts to establish relationships with the new supplier
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10 Mar 2025 SPVC k67-68 SPVC (A) k67-68

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Chinese PVC market extends decline, hovers near historic lows amid persistent demand weakness

Despite government pledges to introduce new economic stimulus policies in 2025, key PVC futures contracts on the Dalian Commodity Exchange remained under pressure, dragging down sentiment in the spot market.
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10 Mar 2025

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China Morning Snapshot – 10 March 2025

Despite the mounting inventory pressure, spot PP and PE offers remained unchanged from the previous week, underscoring Chinese suppliers’ reluctance to adjust prices downward.
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07 Mar 2025

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China Morning Snapshot – 07 March 2025

Nonetheless, Chinese suppliers are unlikely to implement aggressive price cuts, as most petrochemical producers are already operating with compressed profit margins. Further price adjustments will likely hinge on
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07 Mar 2025

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China Daily PP & PE Auction Results: Key Prices & Market Moves

Buyers maintained a cautious approach amid persistent market weakness. A recent survey revealed that packaging film production rates were 10–20% below typical March levels, highlighting the sluggish post-holiday recovery.
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06 Mar 2025

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Dalian Commodity Exchange: 06 March 2025

The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 06 March 2025 settled as follows:
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06 Mar 2025

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China Morning Snapshot – 06 March 2025

Chinese suppliers continued to exercise restraint in adjusting spot PP and PE prices despite persistently weak trading sentiment. The slower-than-expected inventory drawdown underscored subdued buying activity
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06 Mar 2025

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06 March 2025 - Shenhua's coal-based PP and PE Auction Results

Following a modest rebound on the Dalian Commodity Exchange, Shenhua decided to maintain auction prices for both PP and PE cargoes unchanged from the previous session. Market sentiment cautiously improved after the government made fresh commitments to stimulate the domestic economy.
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