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Shenhua Auction: Auction sales improved on an early-session futures upturn
13 Mar 2025 Trading activity on the Shenhua Auction platform strengthened compared to the previous day, supported by an early-session rebound on the Dalian Commodity Exchange.
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13 Mar 2025

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Shandong Yulong Auction: Sales remained strong amid strategic procurements

Shandong Yulong’s auction platform recorded a robust performance as buyers continued turning to the producer to diversify sourcing channels. Reflecting buyers’ keen interest, LLDPE film on EXW terms saw 100% digestion
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13 Mar 2025

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China Morning Snapshot – 13 March 2025

Spot sellers largely held offers steady, citing the firmer futures trend, though room for negotiation remained. Buying interest, however, remained lackluster, dampened by renewed concerns over impending capacity additions.
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13 Mar 2025 SPVC k67-68

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Asian buyers expect softer April PVC—The big question: How much?

Chinese suppliers, meanwhile, have been cautious in adjusting export offers, relying on declining freight rates to maintain competitiveness. However, with domestic demand in China remaining sluggish, sellers are expected to continue prioritising exports.
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12 Mar 2025

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Shenhua Auction: Auction sales deteriorate as futures markets soften

Trading sentiment on the Shenhua Auction Platform weakened further, weighed down by sharp losses on the Dalian Commodity Exchange. In response, the coal-based producer lowered auction prices for both homo-PP and LLDPE by CNY30/ton from the previous session.
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12 Mar 2025

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Shandong Yulong Auction: Sales results diverged, tracking futures contracts

The decline in LLDPE activity was largely attributed to heightened buyer caution, influenced by losses on the Dalian Commodity Exchange, where LLDPE film underperformed relative to homo-PP yarn.
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12 Mar 2025

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Chinese homo-PP exports split as sellers take diverging strategies

Chinese homo-PP exporters adopted divergent pricing strategies this week, underscoring a fragmented response to a highly volatile market. While some sellers raised prices to offset exchange rate fluctuations, others opted for price cuts to secure transactions
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12 Mar 2025

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China Morning Snapshot – 12 March 2025

Spot sellers conceded to CNY 50/ton discounts in response to weakness on the Dalian Commodity Exchange. However, the price cuts failed to stimulate buying interest
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