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Shandong Yulong Auction: Shift in procurement strategy leads to more price-sensitive purchases
22 Apr 2025 A more subdued tone defined buying activity on Shandong Yulong’s auction platform, as persistent spot market weakness weighed on sentiment. The caution was compounded by pre-holiday restraint
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22 Apr 2025

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Indonesian major cuts local PP, PE offers amid weak market fundamentals

Market participants noted that aggressive pricing strategies adopted by local traders last week have further pressured producers to lower their offers in order to maintain competitiveness.
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22 Apr 2025

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China Morning Snapshot – 22 April 2025

The most actively traded PP and LLDPE contracts on the Dalian Commodity Exchange closed the morning session in negative territory, erasing all gains recorded in the previous session.
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21 Apr 2025

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Shenhua Auction: Sales rise on firmer futures market

Sentiments on Shenhua’s auction platform improved futures contracts on the Dalian Commodity Exchange climbed for two straight sessions. This allowed the seller to hold auction prices steady, while buyers continued to procure at robust uptake rates.
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21 Apr 2025

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Shandong Yulong Auction: PE price cuts sparked interest, but prospects for a rebound remained thin

Shandong Yulong applied CNY40–50/ton discounts to its PE auction prices, reversing course after the previous stable-to-firmer levels met with sharp resistance.
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21 Apr 2025

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Saudi PE nosedived in Vietnam as May shipment offers emerged

Regional sentiment remains under pressure as Asia’s petrochemical market grapples with broader macroeconomic headwinds, particularly the intensifying US–China trade tensions
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21 Apr 2025 PPH Raf

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Chinese homo-PP exports sink to multi-year lows as bearish sentiment lingers

However, the latest round of price reductions has failed to stimulate meaningful buying interest, as persistent macroeconomic concerns—primarily driven by uncertainties surrounding global trade policy
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21 Apr 2025

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China Morning Snapshot – 21 April 2025

The modest rebound in futures encouraged sellers to keep offers largely steady, with a few LLDPE suppliers testing the waters with CNY50/ton hikes in a bid to assess whether prices had bottomed out.
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