24 Jun 2025
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.
Despite the pronounced slump in upstream crude oil benchmarks and Dalian futures, spot sellers across China adopted a more restrained stance.
23 Jun 2025
Despite a weakening trend in PP and LLDPE futures on the Dalian Commodity Exchange, Shenhua's auction managed to draw solid buying interest—particularly for PPH yarn and LLDPE film
Strong gains in regional markets added upward momentum, yet the scale of this week's hikes—mostly limited to IDR 170,000/ton ($10/ton)—suggested a cautious pricing approach
The domestic spot market opened the week on a tentative footing, with buyers largely sidelined to gauge the potential fallout from escalating Middle East tensions.
20 Jun 2025
By the time of writing, the producer had sold out all July allocations. A source close to the company noted robust demand
Shenhua wrapped up its final trading session of the week on a relatively firm note, though the sell-through rate for homo-PP slipped to 77% following a modest CNY 40/ton increase in the auction starting price.
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