14 May 2025
Export-oriented converters are particularly active, driven by a visible improvement in downstream order books.
13 May 2025
The auction saw robust buying interest across key product lines, driven by improved sentiment following the temporary easing of US-China trade tensions.
Trading sentiment on the Shandong Yulong Auction Platform strengthened markedly during the week’s second session, as buyers returned to the market in response to improving demand expectations.
There has been growing optimism that trade between the two countries would be jump-started, and there may be a wave of rush orders from American buyers, who seek to stock up on their products.
Trading sentiment in the domestic spot market has notably improved compared to the previous week, following the announcement of a 90-day tariff truce between China and the United States.
12 May 2025
The auction opened the week on a mixed note. While homo-PP maintained relatively robust demand with an 84.5% deal rate, sales of LLDPE Film were notably weak despite a modest CNY 20/ton discount
Shandong Yulong’s attempt to revive buying interest through price reductions at the start of the trading week yielded limited success, with deal volumes for key grades—particularly homo-PP and LLDPE film—falling compared to the previous session.
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