Dec 08, 2025 9:29 a.m.
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China Morning Snapshot – 28 November 2025
28 Nov 2025 The January 2026 contracts for PP and LLDPE on the Dalian Commodity Exchange rallied on the final trading day of the week, ending a five-session losing streak.
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27 Nov 2025

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Shenhua Auction: Discounts spur buying ahead of month-end

Participation in Shenhua’s latest auction showed moderate improvement for homo-PP yarn, largely supported by a CNY 50/ton discount, which lifted the clearance rate to 84%. LLDPE film activity remained subdued, with the clearance rate unchanged at 42.9%, reflecting continued selective, need-based buying
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27 Nov 2025

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Shandong Yulong Auction: Slight Improvement in Activity but Demand Still Muted

Shandong Yulong’s 27 November auction recorded a mild increase in deal activity from earlier this week, though volumes remained limited, reflecting buyers’ continued preference for needs-based procurement.
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27 Nov 2025

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China Morning Snapshot – 27 November 2025

Spot activity remained muted, with sellers widening discounts to align with the softer tone in the futures market.
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26 Nov 2025 SPVC k67-68

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Taiwanese major announced December PVC offers with moderate reductions

In India, buying sentiment remained subdued as converters continued to rely on comfortable inventories and weighed more competitively priced alternatives.
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26 Nov 2025

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Shenhua Auction: Month-end supply cuts fail to lift sentiment as buyers stay defensive

Participation in Shenhua’s latest auction was steady yet subdued, with buyers showing limited interest in both homo-PP yarn and LLDPE film
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26 Nov 2025 PPH Inj PPH Raf

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Freight-driven support steadies Vietnamese PP market as players stay cautious

Vietnam’s PP market found some footing this week as regional and international suppliers adopted a firmer pricing stance, citing sharply higher ocean freight rates.
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26 Nov 2025

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China Morning Snapshot – 26 November 2025

PP and LLDPE futures for January 2026 contract on the Dalian Commodity Exchange opened lower, with both contracts slipping to new recent lows before posting only a mild rebound during the morning session.
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