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News Insight & Analysis

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Shenhua Auction: Auction sales dipped as coal-based cargoes lose appeal
11 Mar 2025 Trading sentiment on the Shenhua Auction Platform deteriorated noticeably compared to the previous session, with LLDPE transaction volumes slipping below 40% by the close. Market sources attribute the decline primarily to the narrowing price gap between spot and auction prices
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11 Mar 2025

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Shandong Yulong Auction: Discounts on deals continued to support demand

Shandong Yulong concluded its latest auction session with solid results, partly supported by the producer's responsive pricing strategy, with downward adjustments aimed at counterbalancing the prevailing weak sentiment in the domestic market.
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11 Mar 2025

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China Morning Snapshot – 11 March 2025

Despite the downturn on the Dalian Commodity Exchange, Chinese suppliers maintained stable spot PP and PE offers from the previous trading day. However, traders showed less confidence.
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10 Mar 2025

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Shenhua Auction: Discounts spurred purchasing interest

With major futures contracts on the Dalian Commodity Exchange regaining momentum, Shenhua maintained auction prices for all available grades unchanged from the previous session. However, transactions were finalized at CNY 20–40/ton lower,
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10 Mar 2025

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Shandong Yulong Auction: Strong demand drives additional supply allocation

Shandong Yulong concluded today’s auction with unexpectedly strong purchasing activity despite higher price levels. Market participants attributed the robust demand to buyers' strategic efforts to establish relationships with the new supplier
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10 Mar 2025 SPVC k67-68 SPVC (A) k67-68

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Chinese PVC market extends decline, hovers near historic lows amid persistent demand weakness

Despite government pledges to introduce new economic stimulus policies in 2025, key PVC futures contracts on the Dalian Commodity Exchange remained under pressure, dragging down sentiment in the spot market.
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10 Mar 2025

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China Morning Snapshot – 10 March 2025

Despite the mounting inventory pressure, spot PP and PE offers remained unchanged from the previous week, underscoring Chinese suppliers’ reluctance to adjust prices downward.
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07 Mar 2025

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China Morning Snapshot – 07 March 2025

Nonetheless, Chinese suppliers are unlikely to implement aggressive price cuts, as most petrochemical producers are already operating with compressed profit margins. Further price adjustments will likely hinge on
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