24 Jul 2025
However, this advantage eroded on 8 July 2025, when the Vietnamese government imposed a 2% import duty on HDPE and LLDPE from countries under the Preferential Import Tariff schedule—including Saudi Arabia
Despite the improvement in futures prices, the spot market has yet to respond meaningfully.
23 Jul 2025
A major Taiwanese producer has announced August PVC shipment offers to Asia on a largely softer note compared to the previous month, defying initial market expectations of a stable trend.
Converters, particularly within the bottled beverage segment, have largely been purchasing on a hand-to-mouth basis for weeks, citing elevated inventories of finished goods
Shenhua's most recent auction of homo-PP yarn and LLDPE saw a noticeable uptick in deal volumes, reflecting a temporary boost in early market confidence.
Chinese suppliers initially adopted a firmer pricing stance in the domestic spot market, echoing earlier gains seen on the Dalian Commodity Exchange.
The steeper rise in carbide-based offers has eroded the traditional premium held by ethylene-based PVC, bringing both grades to near parity
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