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News Insight & Analysis

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China Morning Snapshot – 18 July 2025
18 Jul 2025 Riding on early gains in the futures market, domestic producers raised spot PP and PE offers by CNY 50/ton. These adjustments largely held firm
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17 Jul 2025 PET Bottle

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Chinese PET bottle market struggles to regain momentum despite output cuts

Since late May, at least five major Chinese PET bottle producers have partially idled their operations amid mounting cost pressures and compressed margins.
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16 Jul 2025

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Vietnamese buyers cool on higher August PE offers from Malaysian major

Despite the tighter supply, Vietnamese buyers have shown little enthusiasm, opting to stay on the sidelines amid growing market uncertainty.
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16 Jul 2025

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Shenhua Auction: Modest discount spurs slight recovery in PP, LLDPE deals

Despite continued weakness in the futures market, the slight CNY30/ton reduction in Shenhua’s auction offers from the previous session appears to have rekindled some interest
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16 Jul 2025 SPVC k67-68

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Chinese PVC nudges up in Malaysia, buyer interest falters on outlook fears

Despite tepid demand in key export markets such as India, Chinese suppliers have adopted a firmer pricing stance. This bullish approach has been buoyed by Beijing’s recent push to address domestic overcompetition
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16 Jul 2025

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China Morning Snapshot – 16 July 2025

Despite the release of China’s latest GDP data, investor sentiment remained subdued, as concerns over global trade policy uncertainties overshadowed the macroeconomic signals.
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15 Jul 2025

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Shenhua Auction: Deal volumes decline amid waning market confidence

Trading sentiment on the Shenhua Auction Platform deteriorated notably on Tuesday, as continued declines in Dalian Commodity Exchange futures further eroded confidence.
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15 Jul 2025

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Shandong Yulong Auction: Higher LLDPE offers face market pushback

Shandong Yulong’s latest auction session for PP and PE posted lacklustre results, as higher LLDPE film prices met with firm resistance from buyers
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