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News Insight & Analysis

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Indonesian producer sharply lifted local PP, PE offers amid rising upstream costs
17 Jun 2025 While the upward adjustments were largely anticipated, local buyers remained cautious, choosing to monitor the geopolitical developments in the Middle East before committing to fresh purchases.
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17 Jun 2025

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China Morning Snapshot – 17 June 2025

Despite the continued gains in futures contracts and a steady drawdown in producer inventories, sentiment in the domestic spot market remained cautious.
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16 Jun 2025

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Shenhua Auction: Middle East tensions lend support to off-take rates

Shenhua kicked off the week’s first trading session on a firm footing, buoyed by sustained strength in key futures contracts on the Dalian Commodity Exchange.
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16 Jun 2025

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Chinese PP export offers surge, fuelled by bullish futures and crude

Although physical supply disruptions have yet to materialise, markets have aggressively priced in the risk premium
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16 Jun 2025

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China Morning Snapshot – 16 June 2025

Major PP and LLDPE contracts on the Dalian Commodity Exchange extended their rally during early trading on Monday, 16 June, buoyed by strength in the upstream energy complex.
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14 Jun 2025

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Malaysia: Polyolefin traders eye last-minute deals ahead of SST expansion

The revised framework will impose a 5% tax on a broad range of petrochemical products, fuelling speculation over potential rush buying in the coming weeks.
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13 Jun 2025

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Shenhua Auction: Rally in futures market lifted trading sentiment

Trading activity on Shenhua’s auction platform surged on the final trading day of the week, buoyed by a rally in crude oil prices and a sharp upturn in futures contracts on the Dalian Commodity Exchange.
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13 Jun 2025

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China Morning Snapshot – 13 June 2025

Major domestic producers raised spot offers by CNY 50/ton in response to the rally in futures, yet many traders chose to delay issuing new price lists
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