07 Jan 2025
Spot LLDPE film prices currently command an average premium of CNY 1,147/ton ($157/ton) over key contracts on the Dalian Commodity Exchange, a disparity that has sparked sharp criticism from local traders. Many argue that the recent plunge in futures prices may have been excessive, reflecting an overcorrection rather than market fundamentals.
07 Jan 2025
Despite a downward trend in both PP and PE prices on the Dalian Commodity Exchange, auction sales performance showed resilience, surpassing the previous auction session. The notable discount of CNY 100-120/ton played a key role in stimulating robust buying activity.
06 Jan 2025 SPVC k67-68 SPVC (A) k67-68
Historical data underscores the gravity of the situation. Barring the anomaly of 2020, domestic PVC consumption has remained largely stagnant in recent years. This stagnation, coupled with a sharp increase in domestic production, has squeezed the market for imports while compelling exporters to seek overseas opportunities.
06 Jan 2025
06 Jan 2025
The Shenhua auction platform concluded on a subdued note, aligning with the weakening trend observed on the Dalian Commodity Exchange for PP and PE materials. In an effort to boost sales, coal-based producers implemented a price reduction of CNY 40-50/ton
03 Jan 2025 SPVC k67-68
The Indonesian PVC market has been under pressure for months, grappling with subdued demand, currency volatility, and regulatory uncertainties. The situation was further complicated by the government’s recent reversal of its planned VAT hike to 12% from January 1, 2025, maintaining the rate at 11%.
03 Jan 2025 SPVC k67-68 SPVC (A) k67-68
