07 Jun 2025
The latest round of price reductions marks the third consecutive weekly decline in the domestic spot market. However, the cuts have been relatively measured, reflecting sellers’ reluctance to offer more aggressive discounts
Sellers encountered greater resistance than anticipated in maintaining firm export offers, prompting a downward revision in price lists.
06 Jun 2025
One of the main contributors to this upbeat session was the absence of competing auctions on other online platforms, which funnelled more buyers towards Shenhua’s offering.
Despite a modest improvement in sentiment over US-China relations, the domestic polyolefin market remains cautious heading into the weekend.
Another major Malaysian PE producer has cut its June delivery offers to the domestic market, aligning with the continued bearish sentiment prevailing in the region.
05 Jun 2025
Despite a muted performance in the morning session on the Dalian Commodity Exchange, Shenhua maintained robust sell-through rates, underscoring the resilience of immediate demand-driven buying.
Market sentiment turned cautious following reports that the United States is moving to restrict ethane exports to China—an essential feedstock for many local producers.
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