Dec 14, 2025 3:57 p.m.
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Chinese producers trimmed export offers as buying sentiment weakened
02 Jul 2025 In the domestic market, spot homo-PP prices continued to edge lower, tracking losses in the Dalian Commodity Exchange. However, the pullback remains concentrated at the high end of the price range
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02 Jul 2025

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China Morning Snapshot – 02 July 2025

The uptick followed a fresh government directive aimed at steering industrial players toward higher product quality and phasing out outdated production capacity—a move seen as a step toward long-term structural reform in the sector.
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01 Jul 2025

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Shenhua Auction: Pessimism persists as July opens with weak buying appetite

The discounts were not enough to offset prevailing market pessimism, particularly as Dalian Commodity Exchange futures continued to trend lower, reinforcing a bearish sentiment.
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01 Jul 2025

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Shandong Yulong Auction: Muted bidding as buyers resist uncompetitive offers

Shandong Yulong Petrochemical struggled to draw meaningful buying interest at its latest auction held this morning, 1 July 2025, as a firm pricing stance clashed with a weakening market.
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01 Jul 2025

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Malaysian producer hikes July PP, PE offers amid market upheaval and regulation shifts

The hikes, though anticipated, landed amid a period of regulatory flux and cautious market behaviour, leading to slow initial responses.
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01 Jul 2025

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Indonesian producer rolled over PP, PE offers amid dimming buying interest

Early reactions to the producer’s latest price list have been muted, with many participants calling current levels unworkable in light of prevailing sluggish market sentiment.
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01 Jul 2025

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China Morning Snapshot – 01 July 2025

Despite spot discounts of CNY 50/ton, trading sentiment remains muted. Buyers continue to adopt a wait-and-see approach, reluctant to commit
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30 Jun 2025

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Shenhua Auction: Sluggish PP bids underscore deepening price sensitivity

This uptick met immediate buyer resistance, with traders citing subdued downstream demand and pressure from the Dalian Commodity Exchange as key deterrents.
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