Aug 26, 2025 8:33 p.m.
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News Insight & Analysis

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China Morning Snapshot – 26 February 2025
26 Feb 2025 Tracking the weakness in Dalian futures, spot PP and PE markets softened, with suppliers offering marginal concessions of CNY50/ton. These adjustments reflected attempts to stimulate purchasing activity to tackle the stock accumulations
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26 Feb 2025

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26 February 2025 - Shenhua's coal-based PP and PE Auction Results

Shenhua's auction session concluded on a mixed note today, with transactions for homo-PP experiencing a sharp decline compared to the previous session. Market participants attributed the weaker performance to the downturn in the futures market
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25 Feb 2025

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China Morning Snapshot – 25 February 2025

Market participants largely attributed the sharp drawdown to routine month-end contractual obligations, compelling distributors to fulfil their committed purchases ahead of financial closing.
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25 Feb 2025

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25 February 2025 - Shenhua's coal-based PP and PE Auction Results

Trading activity on the Shenhua Auction Platform saw a modest rebound from the previous session, driven primarily by price reductions from the coal-based producer. Auction prices for LLDPE were lowered by CNY 10-90/ton in an effort to stimulate buying interest
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24 Feb 2025

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Saudi major raises march LLDPE film offers to Vietnam amid supply crunch

With supply constraints from key overseas producers persisting, expectations are growing that the uptrend will extend into the coming months. These concerns have fuelled buying activity in the local market over the past week
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24 Feb 2025

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China Morning Snapshot – 24 February 2025

Despite weakness in the futures market, domestic producers maintained steady spot offers, closely monitoring near-term supply dynamics. In the LLDPE sector, sellers remained alert to tightening import allocations amid supply constraints
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24 Feb 2025

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24 February 2025 - Shenhua's coal-based PP and PE Auction Results

Nonetheless, market participants remained vigilant toward the possibility of seasonal shifts in demand. In the homo-PP sector, market participants have noted a modest uptick of interest in agricultural packaging
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22 Feb 2025 PET Bottle

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Chinese PET bottle market extends gains amid upstream cost pressures; uncertainty looms

As reported earlier, large-scale buyers in the beverage sector have procured tens of thousands of tons of PET bottle resin during the downswing in December for February delivery. With suppliers now focusing on fulfilling these commitments, immediate sales pressure has subsided.
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