04 Aug 2025
Sellers are increasingly being forced to adjust offers downward or adopt more flexible terms to attract interest. Yet, most buyers remain doubtful and waiting for
01 Aug 2025 PET Bottle
Producers had previously leveraged gains in coking coal futures to justify an upward revision in PET bottle prices, as the rally partially lifted PX, PTA, and MEG futures.
01 Aug 2025
While the jump exceeded expectations, market participants were not caught off guard, attributing the rise to routine month-end closing practices
31 Jul 2025
Although the total auction volume was moderately reduced in line with typical end-of-month closing, overall transaction performance was underwhelming.
Shandong Yulong’s final auction for July ended with notably weak deal activity, as only limited volumes were concluded, primarily for essential needs
Downstream buyers, meanwhile, showed limited interest, opting to remain on the sidelines pending a clearer price direction for August.
Despite the price cuts, the adjustments have so far failed to reinvigorate buying interest, as market sentiment remains cautious on the back of rising domestic supply and expectations of a continued downtrend.
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