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News Insight & Analysis

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Shenhua Auction: Market extended losses mmid deepening pessimism
27 May 2025 Despite Shenhua’s deliberate move to position auction prices below the psychological CNY 7,000/ton mark—an effort to entice buyers—the response was notably muted.
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27 May 2025

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Shandong Yulong Auction: Price cuts fail to revive market participation

Despite applying mandatory distributorship qualifications, the Shandong Yulong Auction Platform could not sidestep the prevailing bearish sentiment across the Chinese petrochemical market.
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27 May 2025

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Malaysian PP, PE market falls for second consecutive month amid weak demand and currency gains

Despite the reductions, buyer response remained muted, with expectations mounting that further declines may be on the horizon given ongoing macroeconomic uncertainties.
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27 May 2025

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Dalian Commodity Exchange: 27 May 2025

The 2505 for May 2025 delivery contract on Dalian Commodity Exchange on 27 May 2025 settled as follows:
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27 May 2025

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China Morning Snapshot – 27 May 2025

As anticipated, the domestic spot market registered further losses, though the downward adjustment remained moderate at CNY 50/ton for both PP and PE.
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26 May 2025 SPVC k67-68

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Taiwanese major raises June PVC offers; strong buying interest emerges in India

The upward adjustment signals a potential shift in market direction, breaking the stable-to-softening trend that has characterised the PVC market over the past six months.
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26 May 2025

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Indonesian PP and PE markets regained stabilisation following eight weeks slump

The upward adjustment reflects improving international sentiment driven by the temporary easing of US-China trade tensions, alongside a surge in restocking activity
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26 May 2025

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China Morning Snapshot – 26 May 2025

This rising stockpile underscores the persistent weakness in purchasing momentum in spite of the 90-day tariff war deceleration.
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