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News Insight & Analysis

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China Morning Snapshot – 19 June 2025
19 Jun 2025 Despite lukewarm purchasing interest, domestic producers continued to lift spot PP and PE prices, driven by expectations of a sustained upward trend in the weeks ahead.
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19 Jun 2025

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Cautious Malaysian buyers stall as Indonesian PVC prices climb

Buyer hesitation stems largely from the Malaysian government’s recent announcement of a wide-reaching expansion to the Sales and Services Tax (SST),
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18 Jun 2025

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Shenhua Auction: Strong futures support buoys full off-take on auction platform

Shenhua wrapped up today’s auction with a solid performance, fully placing all available volumes amid a bullish undertone reinforced by continued gains in futures contracts on the Dalian Commodity Exchange.
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18 Jun 2025

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Chinese LDPE film market surges amid Middle East supply concerns

The rally, largely fuelled by fears of potential supply disruptions from Iran—a key supplier—has so far been met with a restrained demand-side response.
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18 Jun 2025

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China Morning Snapshot – 18 June 2025

In the domestic spot market, prices moved in tandem with the firming Dalian futures, though sellers maintained a cautious stance, lifting PP and PE offers by a modest CNY 50/ton.
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17 Jun 2025

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Shenhua Auction: Sell-through rates dipped as buyers resisted higher price levels

Trading sentiment on the Shenhua Auction Platform showed signs of softening, particularly in the homo-PP segment, as buyers adopted a more cautious stance amid growing uncertainty
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17 Jun 2025

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Shandong Yulong Auction: Producer sets fixed biweekly schedule; buyers adopt selective stance

The move brings greater predictability to the platform and is widely seen as a step toward stabilising its market engagement.
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17 Jun 2025

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Malaysian major slashed July PE offers to Vietnam, defies upstream surge

Negotiations remain underway at the time of reporting, with buying ideas for LDPE film surfacing below the $1,100/ton threshold.
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