21 Oct 2025
The decline was largely attributed to a combination of planned and unplanned plant shutdowns, as producers curtailed operations amid mounting margin pressure and persistently weak downstream demand.
Despite today’s LLDPE film auction being offered around CNY150/ton lower than Monday, the reduced prices failed to spur meaningful buying interest
Shandong Yulong’s latest polyolefin auction on 21 October showed diverging results between PP and PE, as PE continued to attract limited but improved buying interest while PP demand remained stagnant.
As reported earlier, PE supply in Indonesia’s distribution market has improved markedly in recent weeks, following the arrival of previously booked Malaysian and Vietnamese cargoes.
In the physical market, some sellers offered CNY 50/ton discounts on LLDPE early in the session to stimulate demand amid weaker futures, though overall buying interest remained limited.
20 Oct 2025
Shenhua’s first auction session of the week ended on a strong note, aided by a rebound in Dalian Commodity Exchange futures and a more flexible pricing strategy from the coal-based producer.
According to market sources, the downward adjustments were widely anticipated given the persistent influx of lower-priced material from the US
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